Posted 3/9/2024, 3:57:22 PM
Coinbase, Grayscale Push for Ethereum ETFs in Talks with SEC
- Representatives from Coinbase and Grayscale met with the SEC to discuss potential Ethereum ETFs.
- Coinbase presented on why Ethereum should be classified as a commodity like Bitcoin.
- Grayscale discussed possibly converting its Ethereum Trust into an ETF.
- The crypto community has mixed opinions on the implications of these talks and the prospects for Ethereum ETF approval.
- The involvement of BlackRock, a major financial firm, could set a positive precedent for Ethereum ETF applications.
