Coinbase, has urged the Securities and Exchange Commission (SEC) to approve Grayscale’s Spot Ether ETF The largest crypto exchange in the U.S. by trading volume, Coinbase, has urged the Securities and Exchange Commission (SEC) to approve Grayscale’s application to convert its Ethereum Trust into a spot Ether Exchange-Traded Product (ETP). The development comes after a January 25 decision by the securities regulator to postpone its consideration for Grayscale’s Ether ETF until March 10. On February 22, Coinbase’s chief legal officer demonstrated the exchange’s legal, economic, and technical rationale for why the regulator should approve Grayscale’s fund as the second deadline…
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