Coinbase Advocates for Grayscale’s Ethereum ETF Approval
Coinbase supports Grayscale's Ether ETP, citing Ethereum's commodity status and market robustness, urging SEC approval for regulatory consistency.
![image Huang Bo](https://image.coinlive.com/24x24/cryptotwits-static/998ca0117a964a2be20b1161a66ba645.png)
Coinbase supports Grayscale's Ether ETP, citing Ethereum's commodity status and market robustness, urging SEC approval for regulatory consistency.
JPMorgan analysts downgraded Coinbase to underweight on Tuesday.
The cryptocurrency market faces uncertainties as the bitcoin ETF catalyst loses its previous luster, impacting major players like Coinbase. Investors should tread carefully amidst potential market deflation.
Spot ETFs will drive up the price of self-custody Bitcoin beyond the control of those in power
Coinbase International Exchange imposes a 10x leverage limit on popular perpetual futures, impacting major cryptocurrencies. Traders face market adjustments, with BTC, ETH, LTC, SOL, and XRP showing declines. Risk management measures include DIM requirements, regularly reviewed to balance access and systemic risks. The exchange, launched in Bermuda, emphasizes regulatory compliance and transparency.
The race for the first spot bitcoin ETF in the U.S. continues as Cboe amended five filings on Tuesday to add that it has “reached an agreement on terms” with Coinbase to enter into surveillance-sharing agreements. The changes were made for filings for the Wise Origin Bitcoin Trust, WisdomTree Bitcoin Trust, VanEck Bitcoin Trust, Invesco Galaxy Bitcoin ETF and ARK 21Shares Bitcoin ETF.
Nasdaq resubmitted an updated filing for the iShares Bitcoin Trust. The updated version includes a surveillance sharing agreement with Coinbase, making it similar to other firms’ applications.
Could the world’s largest asset manager be the first firm to launch a Bitcoin spot ETF in the United States?
Coinbase joins Grayscale in claiming that the SEC is failing to give spot market Bitcoin ETFs fair consideration.
Two ETF issuers filed two new and innovative applications for an inverse fund and a leveraged fund.