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Coinbase on Grayscale Ethereum Spot ETF Application: “ETH Is a Commodity, Not a Security”

February 24, 2024
in Bitcoin
Reading Time: 1 min read
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Coinbase on Grayscale Ethereum Spot ETF Application: “ETH Is a Commodity, Not a Security”
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Coinbase has answered the SEC request for comments on the proposed rule change to list the ETH Grayscale Fund as a spot ETF. Coinbase stated that ether was a commodity, and its status has been publicly recognized in a variety of circumstances by U.S. agencies and courts. Coinbase Supports Ethereum Grayscale Fund Conversion as a […]
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