March 9, 2026

Coinbase retail maintains 20% trading share with $59B in Q4 2025

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In the fourth quarter of 2025, Coinbase’s retail segment retained a strong 20% share of total trading, achieving $59 billion in consumer volume amidst a broader decline in the crypto market, where Bitcoin reversed its yearly gains and trading volume from institutions totaled $237 billion. CEO Brian Armstrong noted that retail customers largely maintained equal or greater crypto balances in February compared to December, reflecting the resilience of Coinbase’s retail users who continued to trade actively during the market downturn.

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