Coinbase Loses Position on App Store Rankings
In the past month, the Coinbase app has consistently fallen out of the top 16 rankings for financial apps on the U.S. App Store.

Rankings of some leading crypto financial apps on the U.S. App Store.
On December 1st, Coinbase was only ranked at 49th place on the App Store. By December 25th, the largest crypto trading app in the U.S. had rapidly climbed into the top 16, fueled by excitement over the impending approval of the Bitcoin spot ETF by the SEC.
Shortly thereafter, Coinbase began to lose its position, not only slipping out of the top 16 but plummeting to the 77th position as of today (January 30th).
Related: Coinbase Stands to Gain the Most from Bitcoin ETF Approval
Rebecca Stevens, an analyst at The Block, noted:
The decline in cryptocurrency prices, coupled with the emergence of new brokerage players, is impacting the popularity of the Coinbase app. This is not surprising.
The Bitcoin spot ETF, a much-anticipated keyword ahead of approval, has also undergone a similar shift. Contrary to the eager anticipation and multiple instances that made the market unusually sensitive, the price of Bitcoin, after the appearance of the spot ETF, experienced a significant “dump,” weighed down by conversion pressure from Grayscale’s GBTC.
 BTC
                        BTC                     ETH
                        ETH                     XRP
                        XRP                     USDT
                        USDT                     BNB
                        BNB                     SOL
                        SOL                     USDC
                        USDC                     DOGE
                        DOGE                     TRX
                        TRX                     ADA
                        ADA                    






