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Coinbase Backs NYSE Arca’s Push for Grayscale Bitcoin Trust Conversion to ETF

Coinbase says there’s no “rational basis” for not allowing a spot-based exchange-traded product.

By Michael Bellusci
Updated May 11, 2023, 3:22 p.m. Published Dec 15, 2021, 9:51 p.m.
LONDON, ENGLAND - NOVEMBER 09: In this photo illustration, a flipped version of the Coinbase logo is reflected in a mobile phone screen on November 09, 2021 in London, England. The cryptocurrency exchange platform is to release its quarterly earnings today. (Photo illustration by Leon Neal/Getty Images)
LONDON, ENGLAND - NOVEMBER 09: In this photo illustration, a flipped version of the Coinbase logo is reflected in a mobile phone screen on November 09, 2021 in London, England. The cryptocurrency exchange platform is to release its quarterly earnings today. (Photo illustration by Leon Neal/Getty Images)

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