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Coinbase Legal: SEC Had No Reason To Deny Grayscale’s BTC ETF
Coinbase Legal: SEC Had No Reason To Deny Grayscale’s BTC ETF

According to Coinbase’s Chief Legal Officer, the SEC had no reason to deny Grayscale’s BTC ETF. After the BTC ETF rejection, Grayscale sued the SEC. Thousands of crypto advocates including Coinbase expressed their support for Grayscale. A couple of days after Grayscale filed a lawsuit against the US Securities and Exchange Commission (SEC), leading American crypto exchange Coinbase expressed its support. However, Coinbase Chief Legal Officer Paul Grewal highlighted that Grayscale did not seek any special favor during its filing of a bitcoin ETF, to begin with. Grewal pointed out that its support for Grayscale is based on the notion