$COIN Q2 ESTIMATES

Summary from the TLDR Crypto newsletter

The base case priced in by Wall Street this quarter is a 20% reduction in trading revenue and a 3% reduction in service revenue, with $1.35B in revenue and 87 cents of earnings per share. The optimistic case depends on the start of trading for the ETH ETF and would see $1.52B in revenue with $1.44 EPS.