BTC Price Tumbles Below $42K, Coinbase (COIN) and Miners Plunge as Bitcoin ETF Mania Becomes Rout

Shares of Coinbase (COIN), the crypto exchange that provides vital custody services to most of the ETF issuers, lost 7.4% on Friday. Bitcoin miners Marathon Digital (MARA), Hut 8 (HUT) and Riot Platforms (RIOT) all sank at least 10%; Marathon fared worst, slumping 15%.