Coinbase legal chief argues SEC has ‘no good reason’ to deny s | Crypto Market Time
Coinbase legal chief argues SEC has ‘no good reason’ to deny spot Ethereum ETFs
Amid ongoing speculation surrounding the prospect of spot Ethereum exchange-traded fund approvals in the United States, Coinbase Chief Legal Officer Paul Grewal said the Securities and Exchange Commission has “no good reason” to deny the ETF applications. “Sigh... again with the ETH misinformation as we await a decision on ETH ETPs,” Grewal wrote on X. “Millions of Americans hold ETH; it has been vital to crypto since its 2015 launch; and ETH is a commodity, not a security.”
