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”](https://cryptoinvestment.at/wp-content/uploads/2024/02/coinbase-on-grayscale-ethereum-spot-etf-application-eth-is-a-commodity-not-a-security.jpg)
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 […]