Coinbase is poised to benefit from U.S. spot ether ETFs, if they're approved, according to JMP Securities.
Coinbase is poised to benefit from U.S. spot ether ETFs, if they're approved, according to JMP Securities. Expectations for the potential approval of proposed exchange traded funds tracking spot ether grew this week — a reversal from widespread consensus that the Securities and Exchange Commission was unlikely to approve them — based on the lack of engagement by the agency on the filings. The turnaround sent ether soaring more than 20% to start the week. ETH.
mountain COIN year to date Final decisions on applications by VanEck and Ark Invest are due this Thursday and Friday, respectively. BlackRock, Fidelity, Invesco, Grayscale and Bitwise Asset Management also have applications awaiting decisions this year.
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