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

The official cryptocurrency trading platform Coinbase stated that today, the U.S. Securities and Exchange Commission (SEC) has approved applications for 9 spot Ethereum ETFs. Following the approval of spot Bitcoin ETF by the SEC in January of this year, the approval of spot Ethereum ETF marks another important milestone for cryptocurrencies, reflecting the continuous innovation and increasingly mature regulatory environment surrounding crypto assets. Coinbase has also become a trusted partner and custodian for 10 Bitcoin spot ETFs and 8 newly approved Ethereum spot ETFs.