Posted 3/21/2024, 11:46:11 AM
Coinbase CEO Predicts Ethereum ETF Approvals As Commodity Debate Continues
- Coinbase CEO says Ethereum is clearly a commodity like Bitcoin, predicts approval of ETH ETFs
- Conflict between agencies on whether ETH is a security or commodity could complicate ETF approval
- Courts may have to compel regulators to treat ETH equally if ETFs unfairly delayed, like with Bitcoin
- SEC chair hasn't said if ETH is a security but suggests some digital assets could be
- CFTC has indicated Ethereum is a commodity
