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Bitcoin $90,709.29 -0.43%
Ethereum $3,118.09 -1.32%
BNB $631.55 +0.88%
Optimism $1.74 +4.01%
Arbitrum $0.68 +5.50%
Solana $238.71 +9.80%
Polygon $0.41 +1.50%
Cosmos $5.86 +5.76%
Avalanche $36.61 +5.23%

Americans Want Safe, Regulated Crypto Products Including Spot Bitcoin ETFs, Says Coinbase Chief Legal Officer

June 29 (Cointime) - Coinbase's Chief Legal Officer, Paul Grewal, believes that Americans are seeking safe and regulated crypto products, including spot bitcoin ETFs. Grewal's comments come as several companies, including BlackRock, Invesco, WisdomTree, Valkyrie Funds, and ARK Invest, have filed applications for a spot bitcoin ETF.

However, the SEC has yet to approve a spot bitcoin ETF due to concerns of market manipulation and fraud. Coinbase has also filed a motion to dismiss a lawsuit by the SEC, arguing that the digital assets in question were not securities.

Coinbase SEC

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Americans Want Safe, Regulated Crypto Products Including Spot Bitcoin ETFs, Says Coinbase Chief Legal Officer

All Comments

Recommended for you

Real Vision founder: I agree with Michael Saylor's view that BTC will become the base layer of multiple assets

MN Trading founder: Still satisfied with the decision to invest in altcoins, focusing on long-term investment

Placeholder Partner: Narrow investor attitudes swing based on the performance of the tokens they hold. To avoid this problem, you need to go long on high-quality tokens

China and Peru agreed to strengthen cooperation in the digital economy and other fields and promote the development of exponential technologies such as AI and blockchain

CryptoQuant founder: Meme coins currently dominate because most altcoins lack fundamental narratives

Court agrees to suspend appeal in Trump's classified documents case

Coinbase Takes Aim at CFTC's Definition of 'Gaming' in Proposed Prediction Market Rules

Trump pledges to fire SEC Chair Gary Gensler ‘on day one’ if reelected

Cointime June 29th News Express

The US SEC has returned the S-1 form to the potential Ethereum ETF issuer with a few comments, asking it to fix the problem and resubmit.

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