From Cointelegraph: 2024-05-11 04:08:14

Bloomberg ETF analyst Erich Balchunas believes the move by Coinbase to launch an ETF-like product could be a preemptive response to potential SEC feedback, though no official comments have been made by the commission. The cryptocurrency exchange’s decision comes amid increasing interest in digital assets among investors seeking diversified portfolios.

Read more at Cointelegraph: ARK and 21Shares drop staking plans from Ethereum ETF proposal