Coinbase's chief legal officer, Paul Grewal, expressed confidence in the approval of a U.S. bitcoin spot ETF by the SEC. Grewal stated that after a U.S. Court of Appeals ruling, the SEC cannot reject these applications arbitrarily. This potential approval is seen as significant, as it would increase accessibility to digital assets among wealth managers and financial services organizations.
🥇The potential approval of a spot bitcoin ETF is a significant event because, says Alex Thorn, it will increase accessibility to digital assets among wealth managers affiliated with banks and broker dealers and other financial services organizations. Here’s why Alex thinks… https://t.co/eXzN8bVcUF https://t.co/dQuCcBK2ej
What the #SEC approval of spot Bitcoin ETF could mean for #crypto investors: #bitcoin #spotbitcoin #investing #finance @Vetta_Fi Read more: https://t.co/4GDvNoopcU https://t.co/C1R6StHmNo
JUST IN: 🇺🇸 Former SEC attorney says approval of a spot #Bitcoin ETF is NOT a given 👀 https://t.co/mXyg48VhZU
JUST IN: 🇺🇸 SEC Commissioner says the "logic for why we haven't approved a Spot #Bitcoin ETF has always mystified me." https://t.co/A5YRuT2gdA
Coinbase is confident that a U.S. bitcoin spot ETF will be approved by the SEC, the company’s chief legal officer, Paul Grewal, told CNBC. “I think that, after the U.S. Court of Appeals made clear that the SEC could not reject these applications on an arbitrary or capricious… https://t.co/gi99auOc3k
Paul Grewal of Coinbase highlights the possible U.S. SEC approval of Bitcoin spot ETFs and its market implications. https://t.co/NggJlIfLwV
JUST IN: Coinbase is confident a Spot #Bitcoin ETF will be approved by the SEC.
JUST IN: 🇺🇸 Coinbase is "confident" the SEC will approve a spot #Bitcoin ETF - CNBC 🚀 https://t.co/SoS7ZXFga0
Crypto exchange @coinbase's chief legal office Paul Grewal is "quite hopeful" that bitcoin spot ETFs will be approved by the SEC soon, according to a CNBC interview.. by @Aoyon_A https://t.co/7uXnPqIZvK