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Coinbase stock crosses the exchange's 2021 direct listing price of $250 after growing over 300% in the last 12 months, as bitcoin hovers around record highs (Carmen Reinicke/Bloomberg)

Carmen Reinicke / Bloomberg:
Coinbase stock crosses the exchange's 2021 direct listing price of $250 after growing over 300% in the last 12 months, as bitcoin hovers around record highs  —  - Crypto exchange has rallied over 300% in the last 12 months  — Gains also driven by SEC approval of spot Bitcoin ETFs



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