Bitcoin, Ethereum in ‘ETF wrapper’ – Here’s what Coinbase’s CFO has to say
- ETFs reshape cryptocurrency, propelling Bitcoin to surpass previous all-time highs.
- Clear regulations are needed for Ethereum to protect consumers and stabilize markets.
The Exchange-traded funds (ETFs) have revolutionized the cryptocurrency landscape, particularly for Bitcoin. These ETFs, combined with other external factors, have tossed Bitcoin’s price to surpass its previous all-time high.
However, the market’s anticipation of Ethereum ETF approval, coupled with signs of potential rejection from the SEC, has led to uncertainty and market fluctuations.
In a recent interview with the Fortune, Alesia Haas, Coinbase’s CFO and a veteran of the finance industry, noted,