Coinbase on Grayscale Ethereum Spot ETF Application: “ETH is a commodity, not a security.”
Coinbase has responded to the SEC's request for comment on a proposed rule change to list the ETH Grayscale Fund as a spot ETF. Coinbase stated that Ether was a commodity, and its status was officially recognized by US agencies and courts in various cases. Coinbase will use the Ethereum Grayscale Fund exchange as a […]