Explore resources provided by the Research Division at the Federal Reserve Bank of St. Louis. Collectively, Binance and Coinbase hold cryptocurrencies valued at $199.14 billion, constituting 11.85% of the entire crypto economy. Binance takes the lead with holdings amounting to $136.47 billion, while Coinbase maintains approximately $62.67 billion in crypto value. Base officially launched last month and is powered by Optimism. Coinbase has previously said it hopes the project helps onboard over bitcoin mining in hit million tons a billion people into the crypto economy. For investors seeking broad-based exposure to the crypto space, investing in both Ethereum and Coinbase could be the right move. Otherwise, it makes sense to focus on their differing characteristics, strengths, and weaknesses and then determine which potential investment vehicle is better aligned with the direction you see the crypto space heading in.