Coinbase’s CLO, Paul Grewal, and Bloomberg analysts are optimistic about the SEC approving Bitcoin ETFs, citing legal alignment and recent developments.
The SEC’s decision not to appeal a Grayscale lawsuit ruling has raised expectations for a Bitcoin ETF approval, potentially benefiting investors and Bitcoin adoption.
In a recent interview with CNBC, Coinbase’s Chief Legal Officer (CLO), Paul Grewal, expressed his confidence in the impending approval of new spot Bitcoin Exchange-Traded Fund (ETF) applications by the U.S. Securities and Exchange Commission (SEC).
Coinbase is ‘confident’ a U.S. bitcoin ETF will be approved after SEC’s court defeat https://t.co/GcxjgiF1G8
— CNBC (@CNBC) October 20, 2023
Growing Optimism for Bitcoin ETF Approval
Paul Grewal, CLO of Coinbase, shared his optimism about the approval of new spot Bitcoin ETF applications in a recent CNBC interview. While he didn’t specify a timeframe, Grewal’s confidence underscores the belief that these applicati
