Chaos in the crypto markets drive Coinbase earnings up. | Credit: Robert Nickelsberg/Getty Images Key Takeaways Massive trading volumes largely drove Coinbase’s Q3 earnings. Institutional trading volumes hit $236 billion in Q3 on the exchange. Coinbase’s stock has been trading up 61.92% for the past 6 months. It’s that time of the year when crypto’s biggest companies reveal their Q3 2025 earnings, and cryptocurrency exchange Coinbase has reveled in the crypto market’s chaos and beaten expectations ...