Grayscale says it aims to make meme coin trading accessible through mainstream brokerages, tapping into strong derivatives demand exemplified by Hyperliquid's recent surge. Hyperliquid reports weekly derivatives volume above $50 billion and daily fee revenue of $1.6 million.
Goldman Sachs upgraded Coinbase to a Buy rating while downgrading Etoro to Neutral, saying it is “cautiously optimistic” about brokers and crypto firms as it looks to 2026. The move highlights divergent views on platform positioning ahead of potential industry shifts.