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Ethereum ETFs Gain Traction as Coinbase CEO Brian Armstrong Hails SEC’s Clarity on ETH Classification Coinotag 24 Jul 2024

Ethereum ETFs Gain Traction as Coinbase CEO Brian Armstrong Hails SEC’s Clarity on ETH Classification 📈

Ethereum SEC Brian Armstrong USA Coinbase
Coinbase CEO Brian Armstrong applauded the introduction of Ethereum exchange-traded funds (ETFs), considering it a pivotal advancement in regulatory transparency. Armstrong emphasized that the Securities and Exchange Commission (SEC) has provided clear guidance on how Ethereum is classified, which paves the way for wider acceptance and investment in ETH-based financial products. The endorsement signals growing institutional confidence in Ethereum's regulatory footing.

Source: en.coinotag.com ↗

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