Cathie Wood, founder and CEO of ARK Investment Management, has expressed a bullish outlook on Coinbase following Ripple's partial victory over the Securities and Exchange Commission (SEC) on July 13. Wood stated that although the ruling did not entirely favor Ripple, it is largely positive for crypto exchanges. She believes that the ruling could set a favorable precedent for Coinbase and Binance in their ongoing legal battles with the SEC. Despite Coinbase receiving a Wells Notice in March and facing an SEC lawsuit in June, its share price has remained strong, indicating resilience in the stock's value. However, some analysts warn that regulatory clarity for crypto exchanges is far from being resolved.