Coinbase: Will provide custodial services for 8 US spot Ethereum ETFs

ChainCatcher news, Coinbase officially stated that today, the U.S. Securities and Exchange Commission (SEC) approved the applications for 9 spot Ethereum ETFs. Following the SEC's approval of spot Bitcoin ETFs in January this year, the approval of spot Ethereum ETFs marks another significant milestone for cryptocurrency, reflecting the ongoing innovation around crypto assets and the increasingly mature regulatory environment.

Coinbase has also become a trusted partner and custodian for 10 spot Bitcoin ETFs and 8 newly approved spot Ethereum ETFs.