Coinbase has endorsed Grayscale’s bid to convert its Ethereum (ETH) Trust into an exchange-traded fund (ETF) in a Feb. 21 letter addressed to the Securities and Exchange Commission (SEC). Coinbase’s chief legal officer, Paul Grewal, said the exchange’s letter provided the legal, technical, and economic arguments supporting spot Ethereum funds’ approval. He added: “Our letter […]
The post Coinbase backs Grayscale’s Ethereum ETF bid, spotlighting ETH as a commodity appeared first on CryptoSlate.
Originally appeared here:
Coinbase backs Grayscale’s Ethereum ETF bid, spotlighting ETH as a commodity