Coinbase Global Inc (NASDAQ:COIN) shares are trading higher, driven by a rise in Bitcoin prices and increased demand following the approval of spot bitcoin ETFs. Despite recent outflows from these ETFs, Bitcoin and Coinbase stocks are recovering, with Coinbase benefiting from the volatility in crypto markets. The company reported strong Q4 financial results, with transaction revenues up 83% QoQ. Analysts expect earnings of 48 cents per share on revenue of $1.104 billion in the next report. Coinbase's stock has significantly outperformed its historical averages this year.