The YieldMax COIN Option Income Strategy ETF (CONY) closed at $14.01 on January 30, marking a 2.56% increase as Coinbase Global Inc. (COIN) surged 2.91% to $299.46. Coinbase's stock rally was fueled by its regulatory approval to operate in Argentina, expanding its reach in South America. This strategic move is expected to enhance Coinbase's market presence and cater to the growing demand for cryptocurrency solutions in the region. Additionally, the recent surge in Bitcoin activity has attracted new investors, boosting Coinbase's stock as it benefits from increased trading volumes and market optimism. Institutional interest in Coinbase has also been on the rise, with Strategic Planning Group LLC acquiring a new position, reflecting confidence in the company's growth prospects.