Coinbase Global Inc (NASDAQ:COIN) CEO Brian Armstrong spoke about new ventures in Ethereum (CRYPTO: ETH) based products during a Thursday earnings call. What Happened: He said, “We’ve been named as the custodian in 5 of the 8 ETH ETF applications.” Coinbase reported a 45.2% jump in net revenue, hitting $905 million in the fourth quarter and exceeding the estimated $825 million. The quarter marked a turnaround to profit with a net income of $273 million, a stark contrast to the $2 million loss in the previous quarter and the first profitable quarter since Q4 2021. Transactional activity was cen…

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