Coinbase Role in Bitcoin ETFs Raises Questions: Bloomberg Crypto

Jan. 4, 2024, 10:00 PM UTC

In this issue of the Bloomberg Crypto newsletter, Michael P. Regan wonders what the SEC thinks about the huge role that Coinbase is poised to play in proposed spot-Bitcoin ETFs.

The SEC and Coinbase

When it comes to discussions about the US finally approving a spot-Bitcoin ETF or issuing more rejections, there’s a gorilla in the room that few seem to be acknowledging: Coinbase Global Inc.

The largest US crypto exchange – and the only one that’s a public company – is poised to play a major role as a middleman between the crypto market and the traditional equities market where the ...

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