Coinbase met with SEC over spot Ethereum ETFs
Ethereum Coinbase met with SEC over spot Ethereum ETFs Balita ng Ethereum ng Bitcoin Coinbase met with officials at the Securities and Exchange Commission to discuss Grayscales proposed ether ETF. Attorneys from Davis Polk, who represent Grayscale, were also present according to documents from the SEC. Various members of the SECs Division of Trading and Markets were present. A presentation from Coinbase was given at the meeting, though it‘s not clear what else was discussed. In the SEC’s meeting disclosure, the agency included the Coinbase presentation in its filing. Per Coinbases presentation, shares of a potential ether ETF would be categorized as commodity-based shares, the same as the bitcoin ETFs. Magbasa nang higit pa: Si Ether ang pusa ng crypto ng Schrödinger Coinbase also said, “spot markets for ETH are highly indicative of a market resilient to fraud and manipulation.” Coinbase also said that itll have a surveillance-sharing agreement in place with the CME to “assist in surveilling for fraud and manipulation.” However, the meeting may not be a “good sign,” according to Bloomberg senior ETF analyst Eric Balchunas. Magbasa nang higit pa: Ang mga Ethereum spot ETF ay susunod “Normally I‘d say this was [a] good sign but as far as I know the Staff has not given any comments
