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

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 [] Source: Bitcoin.com

The post Coinbase on Grayscale Ethereum Spot ETF Application: ETH Is a Commodity, Not a Security appeared first on Crypto Breaking News.

Read more: https://www.cryptobreaking.com/coinbase-on-grayscale-ethereum-spot-etf-application-eth-is-a-commodity-not-a-security/

Text source: Crypto Breaking News

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