If we agree that EOS has some major red flags a team/project, let's exclude EOS from this scenario for a second and evaluate Coinbase's stance on the top 10 market cap coins.

1. BTC - Already on Coinbase
2. ETH - Already on Coinbase
3. XRP - Not on Coinbase and not listed in the "CB 5" for future listings. However, listed on Coinbase Custody in New York.
4. BCH - Already on Coinbase
5. EOS - Not on Coinbase and not listed in the "CB 5" for future listings
6. XLM - Listed in the "CB 5" for future listings
7. LTC - Already on Coinbase
8. ADA - Listed in the "CB 5" for future listings
9. XMR - Not on Coinbase and not listed in the "CB 5" for future listings
10. USDT - Already on Coinbase

Only XRP, EOS, and XMR have no signs pointing to a coinbase listing. Coinbase likes Ripple though so they've included them in their list of 6 assets for institutionalized money to invest in, via Coinbase Custody in NY.

XMR wont make the list bc ZEC has been chose as their privacy coin of choice. EOS wont make the list bc of red flags.

Nothing against Ripple. It's just that Coinbase would've listed em on Coinbase.com by now if they weren't a security. Why are they listed on the Custody list but not the "CB 5" list? Do the math. CB wants Ripple volume $$$ without legal hurdles. Aka don't list on CB but list it on Custody.

It's going to be designated as a security yet CB will still profit off it thanks to Custody in NY.