Coinbase and BETR Launch First Crypto-Backed Mortgage
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 04 2026
0mins
Source: seekingalpha
- First Crypto-Backed Mortgage: Coinbase and BETR provided their first Fannie Mae-eligible crypto-backed mortgage to a married couple in their early 30s in Michigan, showcasing a new application of crypto assets in real estate financing.
- Positive Market Reaction: BETR shares rose 4.28% to $27.54 during morning trading on Thursday, indicating market approval of this innovative product, while COIN shares slightly declined by 0.12% to $163.02, reflecting investor caution in the crypto market.
- Innovative Loan Structure: The mortgage allows borrowers to use cryptocurrency as collateral instead of liquidating their long-term Bitcoin holdings, thus avoiding capital gains taxes and retaining future appreciation potential, addressing the needs of modern buyers.
- Expanding Market Access: Approximately 41% of BETR's pre-approved customers qualify based on income and credit but lack cash for traditional down payments; this new product aims to resolve this issue and help more qualified borrowers achieve homeownership.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy COIN?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on COIN
Wall Street analysts forecast COIN stock price to rise
25 Analyst Rating
17 Buy
7 Hold
1 Sell
Moderate Buy
Current: 151.650
Low
230.00
Averages
361.63
High
440.00
Current: 151.650
Low
230.00
Averages
361.63
High
440.00
About COIN
Coinbase Global, Inc. is a holding company of Coinbase, Inc. and other subsidiaries. The Company provides a platform that serves as a compliant on-ramp to the onchain economy and enables users to engage in a variety of activities with their crypto assets in both proprietary and third-party product experiences enabled by access to decentralized applications. It offers consumers their primary financial account for the onchain economy; institutions a full-service prime brokerage platform with access to deep pools of liquidity across the crypto marketplace, and developers a suite of products granting access to build onchain. The Company offers products and services to various customer groups: consumers, businesses, institutions, and developers. Its transaction products consist of consumer trading, prime trading, markets, base protocol and Coinbase wallet. The Company also provides market infrastructure in the form of exchanges for customers to trade spots and derivatives.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Investment Comparison Between Bitcoin and Ethereum
- Market Dominance: Bitcoin currently commands 58% of the total cryptocurrency market value, while Ethereum holds only 9%, marking the widest gap in years, indicating Bitcoin's strong market dominance and potential to continue attracting investor interest in the future.
- Supply Mechanism Differences: Bitcoin's supply is hard-capped at 21 million coins, with approximately 95% already in circulation, issuing about 164,250 new coins annually, and expected to halve in 2028, which will enhance Bitcoin's scarcity over the long term and potentially drive prices higher.
- Ethereum's Supply Uncertainty: Unlike Bitcoin, Ethereum's supply is not fixed; following the Dencun upgrade in March 2024, its net issuance rate is approximately 0.23% annually, meaning its supply could fluctuate based on on-chain activity, increasing risks for holders.
- Investment Strategy Recommendation: For investors with no cryptocurrency holdings, it is advisable to first purchase Bitcoin as a store of value, while Ethereum can serve as a supplementary investment; despite its higher potential returns, Ethereum carries significantly more risk compared to Bitcoin, making Bitcoin the better long-term investment choice.
See More
Comparative Analysis of Bitcoin and Ethereum Investments
- Market Share Comparison: Bitcoin commands 58% of the cryptocurrency market value while Ethereum holds only 9%, marking the widest gap in years, indicating Bitcoin's continued dominance and potential to attract more investor interest.
- Supply Mechanism Differences: Bitcoin's total supply is capped at 21 million coins, with approximately 164,250 coins issued annually, expected to halve in 2028, which will drive long-term price increases; in contrast, Ethereum's supply is uncertain, expanding at about 0.23% annually, posing more risks to its long-term value.
- Impact of Network Activity: Following the Dencun upgrade in March 2024, Ethereum saw user activity migrate to cheaper L2 networks, significantly reducing on-chain fees, and while its ecosystem holds great potential, it may not deliver immediate benefits to holders in the short term.
- Investment Recommendation: For first-time cryptocurrency investors, it is advisable to prioritize Bitcoin purchases, as its price movements significantly influence the entire market and present lower risks compared to Ethereum, making it suitable for long-term holding.
See More
SoFi Launches Small Business Loan Platform Offering Up to $250,000
- Launch of Small Business Loans: SoFi's new small business loan platform offers fixed-rate loans up to $250,000, aimed at enabling small businesses to access funds quickly, with funding available as soon as 24 hours post-approval, thereby enhancing cash flow management capabilities for these businesses.
- ARK Investment Increase: Cathie Wood's ARK Innovation ETF (ARKK) significantly increased its position in SoFi by purchasing 202,095 shares worth approximately $3.62 million on the same day the new platform was launched, indicating confidence in SoFi's growth potential.
- Market Impact Analysis: Although investment bank Keefe Bruyette does not expect a significant near-term financial impact from the new loan offering, the expansion of product lines could help SoFi develop a sizable business over time, enhancing its competitive position in the market.
- Retail Sentiment Fluctuation: On Stocktwits, retail sentiment around SOFI was in the 'bearish' territory, with some users expressing skepticism about ARKK's buying activity, reflecting a divide among investors regarding the company's growth prospects.
See More
Bitmine Achieves 5% ETH Target in 11 Months
- Significant ETH Holdings: Bitmine currently holds 4,879,157 ETH valued at approximately $7.7 billion, representing 4.7% of the total ETH supply, positioning it as a leading entity in the crypto market and enhancing its influence.
- Successful Index Inclusion: On June 26, 2026, Bitmine was added to the Russell 1000 Large-cap Index, which is expected to attract hundreds to thousands of institutional investors as shareholders, thereby increasing the liquidity and market recognition of its stock.
- Preferred Stock Offering: Bitmine successfully issued 3.5 million shares of 9.5% preferred stock, raising net proceeds of approximately $273.8 million, which will provide financial support for the company's long-term growth and enhance its capital structure flexibility.
- Positive Future Outlook: Despite an 8% drop in ETH prices recently, Bitmine's management remains optimistic about the cryptocurrency market, believing it will benefit from infrastructure modernization and AI payment systems, and plans to continue expanding its ETH holdings.
See More
U.S. Stocks Close Higher, Led by Tech Sector Gains
- Tech Sector Rally: Driven by investor anticipation of a strong upcoming earnings season, technology stocks, particularly chipmakers, propelled the Nasdaq 100 index up 1.68%, reaching a one-week high, reflecting optimism surrounding the AI investment boom.
- Labor Market Resilience: The May JOLTS job openings unexpectedly rose by 9,000 to a two-year high of 7.594 million, surpassing expectations of 7.296 million, indicating a robust U.S. labor market that could influence Federal Reserve policy decisions.
- Positive Global Economic Signals: China's June manufacturing PMI increased to 50.3, exceeding expectations of 50.1, suggesting potential for global economic recovery and bolstering market confidence in future growth prospects.
- Oil Price Volatility and Geopolitics: WTI crude oil prices fell over 1% amid escalating tensions in the Middle East, with markets closely monitoring U.S.-Iran negotiations, as energy supply levels return to pre-war norms, potentially impacting future oil price trends.
See More
Comparative Analysis of Coinbase and Robinhood for Investors
- Coinbase Financial Performance: In FY 2025, Coinbase's total revenue reached nearly $7.2 billion, reflecting a 9.4% increase year-over-year, with a net income of approximately $1.3 billion and a net margin of 17.6%, indicating improved profitability stability despite the risks associated with crypto market volatility.
- Robinhood Growth Momentum: Robinhood reported revenue of about $4.5 billion in FY 2025, marking an impressive growth rate of 51.6%, with net income close to $1.9 billion and a net margin of 42.1%, showcasing a rapid turnaround from significant losses in 2023 to substantial profitability, enhancing its market appeal.
- Risk Analysis: Coinbase faces regulatory pressures, including a lawsuit from the New York Attorney General and volatility in the crypto market, while Robinhood's reliance on payment for order flow may be impacted by future SEC regulatory changes, and its concentrated voting control among founders raises governance concerns.
- Valuation Comparison: Robinhood's forward P/E ratio stands at 55.2x, significantly lower than Coinbase's 245.9x, indicating its more attractive growth potential, while Coinbase's P/S ratio of 5.8x may appeal to investors seeking direct exposure to crypto assets.
See More
Investment Comparison Between Bitcoin and Ethereum
- Market Dominance: Bitcoin currently commands 58% of the total cryptocurrency market value, while Ethereum holds only 9%, marking the widest gap in years, indicating Bitcoin's strong market dominance and potential to continue attracting investor interest in the future.
- Supply Mechanism Differences: Bitcoin's supply is hard-capped at 21 million coins, with approximately 95% already in circulation, issuing about 164,250 new coins annually, and expected to halve in 2028, which will enhance Bitcoin's scarcity over the long term and potentially drive prices higher.
- Ethereum's Supply Uncertainty: Unlike Bitcoin, Ethereum's supply is not fixed; following the Dencun upgrade in March 2024, its net issuance rate is approximately 0.23% annually, meaning its supply could fluctuate based on on-chain activity, increasing risks for holders.
- Investment Strategy Recommendation: For investors with no cryptocurrency holdings, it is advisable to first purchase Bitcoin as a store of value, while Ethereum can serve as a supplementary investment; despite its higher potential returns, Ethereum carries significantly more risk compared to Bitcoin, making Bitcoin the better long-term investment choice.
See More
Comparative Analysis of Bitcoin and Ethereum Investments
- Market Share Comparison: Bitcoin commands 58% of the cryptocurrency market value while Ethereum holds only 9%, marking the widest gap in years, indicating Bitcoin's continued dominance and potential to attract more investor interest.
- Supply Mechanism Differences: Bitcoin's total supply is capped at 21 million coins, with approximately 164,250 coins issued annually, expected to halve in 2028, which will drive long-term price increases; in contrast, Ethereum's supply is uncertain, expanding at about 0.23% annually, posing more risks to its long-term value.
- Impact of Network Activity: Following the Dencun upgrade in March 2024, Ethereum saw user activity migrate to cheaper L2 networks, significantly reducing on-chain fees, and while its ecosystem holds great potential, it may not deliver immediate benefits to holders in the short term.
- Investment Recommendation: For first-time cryptocurrency investors, it is advisable to prioritize Bitcoin purchases, as its price movements significantly influence the entire market and present lower risks compared to Ethereum, making it suitable for long-term holding.
See More
SoFi Launches Small Business Loan Platform Offering Up to $250,000
- Launch of Small Business Loans: SoFi's new small business loan platform offers fixed-rate loans up to $250,000, aimed at enabling small businesses to access funds quickly, with funding available as soon as 24 hours post-approval, thereby enhancing cash flow management capabilities for these businesses.
- ARK Investment Increase: Cathie Wood's ARK Innovation ETF (ARKK) significantly increased its position in SoFi by purchasing 202,095 shares worth approximately $3.62 million on the same day the new platform was launched, indicating confidence in SoFi's growth potential.
- Market Impact Analysis: Although investment bank Keefe Bruyette does not expect a significant near-term financial impact from the new loan offering, the expansion of product lines could help SoFi develop a sizable business over time, enhancing its competitive position in the market.
- Retail Sentiment Fluctuation: On Stocktwits, retail sentiment around SOFI was in the 'bearish' territory, with some users expressing skepticism about ARKK's buying activity, reflecting a divide among investors regarding the company's growth prospects.
See More
Bitmine Achieves 5% ETH Target in 11 Months
- Significant ETH Holdings: Bitmine currently holds 4,879,157 ETH valued at approximately $7.7 billion, representing 4.7% of the total ETH supply, positioning it as a leading entity in the crypto market and enhancing its influence.
- Successful Index Inclusion: On June 26, 2026, Bitmine was added to the Russell 1000 Large-cap Index, which is expected to attract hundreds to thousands of institutional investors as shareholders, thereby increasing the liquidity and market recognition of its stock.
- Preferred Stock Offering: Bitmine successfully issued 3.5 million shares of 9.5% preferred stock, raising net proceeds of approximately $273.8 million, which will provide financial support for the company's long-term growth and enhance its capital structure flexibility.
- Positive Future Outlook: Despite an 8% drop in ETH prices recently, Bitmine's management remains optimistic about the cryptocurrency market, believing it will benefit from infrastructure modernization and AI payment systems, and plans to continue expanding its ETH holdings.
See More
U.S. Stocks Close Higher, Led by Tech Sector Gains
- Tech Sector Rally: Driven by investor anticipation of a strong upcoming earnings season, technology stocks, particularly chipmakers, propelled the Nasdaq 100 index up 1.68%, reaching a one-week high, reflecting optimism surrounding the AI investment boom.
- Labor Market Resilience: The May JOLTS job openings unexpectedly rose by 9,000 to a two-year high of 7.594 million, surpassing expectations of 7.296 million, indicating a robust U.S. labor market that could influence Federal Reserve policy decisions.
- Positive Global Economic Signals: China's June manufacturing PMI increased to 50.3, exceeding expectations of 50.1, suggesting potential for global economic recovery and bolstering market confidence in future growth prospects.
- Oil Price Volatility and Geopolitics: WTI crude oil prices fell over 1% amid escalating tensions in the Middle East, with markets closely monitoring U.S.-Iran negotiations, as energy supply levels return to pre-war norms, potentially impacting future oil price trends.
See More
Comparative Analysis of Coinbase and Robinhood for Investors
- Coinbase Financial Performance: In FY 2025, Coinbase's total revenue reached nearly $7.2 billion, reflecting a 9.4% increase year-over-year, with a net income of approximately $1.3 billion and a net margin of 17.6%, indicating improved profitability stability despite the risks associated with crypto market volatility.
- Robinhood Growth Momentum: Robinhood reported revenue of about $4.5 billion in FY 2025, marking an impressive growth rate of 51.6%, with net income close to $1.9 billion and a net margin of 42.1%, showcasing a rapid turnaround from significant losses in 2023 to substantial profitability, enhancing its market appeal.
- Risk Analysis: Coinbase faces regulatory pressures, including a lawsuit from the New York Attorney General and volatility in the crypto market, while Robinhood's reliance on payment for order flow may be impacted by future SEC regulatory changes, and its concentrated voting control among founders raises governance concerns.
- Valuation Comparison: Robinhood's forward P/E ratio stands at 55.2x, significantly lower than Coinbase's 245.9x, indicating its more attractive growth potential, while Coinbase's P/S ratio of 5.8x may appeal to investors seeking direct exposure to crypto assets.
See More
