The announcement did not specifically state when ETC would be available on Coinbase-operated platforms, only that it would happen in the “coming months” and would appear in its institutional and professional products before being made available through its retail-focused brokerage service.
Nevertheless, the ethereum classic price soared in the immediate aftermath of the announcement, leaping from $12.81 to $16.40 in less than an hour. ETC ultimately settled down a bit, and at the time of writing, it was trading at $15.36, representing a single-day increase of nearly 21 percent.