Close Menu
ApeWatcher News
  • Home
  • Advertise
  • Headlines
  • Crypto
    • News
    • Bitcoin
    • Ethereum
    • Altcoin
    • View All
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Rates
  • Videos
  • Listing Platform
  • BSC
  • ETH
  • Listing Platform
  • BSC
  • ETH
What's Hot

From BTC ETFs to DOGE: Six Charts Explain Why Bitcoin’s Return to $100K+ May Be More Durable Than January

May 21, 2025

Magic Eden Taps Spark to Enhance Bitcoin DeFi With Fast, Low-Cost Settlement

May 21, 2025

9 Best Solana Wallets in May 2025

May 21, 2025
X (Twitter) Telegram
  • Listing Platform
  • Home
  • BSC
  • ETH
Advertise
X (Twitter) Telegram
ApeWatcher News
  • Headlines
  • Crypto
    1. News
    2. Bitcoin
    3. Ethereum
    4. Altcoin
    5. View All

    From BTC ETFs to DOGE: Six Charts Explain Why Bitcoin’s Return to $100K+ May Be More Durable Than January

    May 21, 2025

    Magic Eden Taps Spark to Enhance Bitcoin DeFi With Fast, Low-Cost Settlement

    May 21, 2025

    Bitcoin Suisse eyes UAE expansion with regulatory nod in Abu Dhabi

    May 21, 2025

    These Crypto Entities Will Be the Largest Holders of US Treasuries in the World, According to Senator Hagerty

    May 21, 2025

    Bitcoin Suisse eyes UAE expansion with regulatory nod in Abu Dhabi

    May 21, 2025

    Bitcoin ‘blow-off top’ set at $128K with new all-time highs in sight

    May 21, 2025

    Blackstone buys $1M worth of Bitcoin ETF in first crypto bet

    May 21, 2025

    KindlyMD shareholders OK merger with Trump-linked Bitcoin firm

    May 21, 2025

    Ethereum price gained 90% the last time this indicator turned bullish

    May 20, 2025

    Whale Holding $2,190,000,000 in Bitcoin Withdraws More BTC From Binance in Accumulation Spree: Lookonchain

    May 20, 2025

    Price predictions 5/19: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI

    May 19, 2025

    Hoskinson promises audit, is ‘deeply hurt’ by $600M Cardano treasury claims

    May 19, 2025

    These Crypto Entities Will Be the Largest Holders of US Treasuries in the World, According to Senator Hagerty

    May 21, 2025

    ‘Hawk tuah girl’ Haliey Welch says FBI probed her ‘memecoin disaster’

    May 21, 2025

    Quantum Biopharma adds to crypto holdings

    May 19, 2025

    Crypto.com, Canary launch CRO fund in US

    May 19, 2025

    From BTC ETFs to DOGE: Six Charts Explain Why Bitcoin’s Return to $100K+ May Be More Durable Than January

    May 21, 2025

    Magic Eden Taps Spark to Enhance Bitcoin DeFi With Fast, Low-Cost Settlement

    May 21, 2025

    9 Best Solana Wallets in May 2025

    May 21, 2025

    Bitcoin Suisse eyes UAE expansion with regulatory nod in Abu Dhabi

    May 21, 2025
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Videos

    JPMorgan Is LYING To You About BITCOIN

    May 20, 2025

    Wall Street's Bitcoin Buying Frenzy: Is a Crypto Bull Run Coming?

    May 20, 2025

    SHOCKING Things Happening w/ Bitcoin Behind the Scenes (DON'T MISS)

    May 20, 2025

    Ripple vs. Coinbase: Circle Bidding War! Who Wins & Why It Matters?

    May 20, 2025

    Microstrategy SUED For LYING About Bitcoin

    May 20, 2025
ApeWatcher News
Home » Coinbase Named As Trusted Partner and Custodian of Eight Ethereum ETFs, Says CEO Brian Armstrong
Coinbase Named As Trusted Partner and Custodian of Eight Ethereum ETFs, Says CEO Brian Armstrong
Ethereum

Coinbase Named As Trusted Partner and Custodian of Eight Ethereum ETFs, Says CEO Brian Armstrong

The Daily HodlBy The Daily HodlJuly 24, 20240 ViewsNo Comments
Share
Facebook Twitter LinkedIn Pinterest Email

Coinbase is serving as a custodian for eight of the nine newly approved Ethereum (ETH) exchange-traded funds (ETFs), according to Brian Armstrong, the exchange’s chief executive.

Nine Ethereum ETFs kicked off trading in the US on Tuesday, including products from BlackRock, Fidelity, 21Shares, Invesco, Franklin Templeton, VanEck, and Bitwise, as well as two different funds from Grayscale.

Of those newly approved ETFs, only Fidelity isn’t tapping Coinbase as a custodian, with the firm choosing to use itself instead, according to a graphic shared by James Seyffart, an ETF research analyst at Bloomberg Intelligence.

VanEck names Gemini as a primary custodian for its ETF but says in its filing with the Securities and Exchange Commission (SEC) that it will utilize Coinbase Custody as an “additional custodian.”

Armstrong says the launches are a “huge step forward for regulatory clarity.”

“ETH is not a security! We’ve been saying it for years and today the SEC finally made it official.”

Seyffart noted on Tuesday evening that Ethereum ETFs witnessed approximately $165 million worth of outflows on their first day, primarily due to $484.1 million leaving Grayscale’s ETF product, which converted from the preexisting Grayscale Ethereum Trust.

The ETF analyst’s numbers do not include the totals from BlackRock and Invesco, however.

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Follow us on X, Facebook and Telegram

Generated Image: Midjourney



Read the full article here

Follow us on Google News to get the latest Updates

 
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ethereum price gained 90% the last time this indicator turned bullish

May 20, 2025

Whale Holding $2,190,000,000 in Bitcoin Withdraws More BTC From Binance in Accumulation Spree: Lookonchain

May 20, 2025

Price predictions 5/19: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI

May 19, 2025

Hoskinson promises audit, is ‘deeply hurt’ by $600M Cardano treasury claims

May 19, 2025

US crypto funds top $7.5B inflows in 2025 as investor appetite grows

May 19, 2025

Vitalik Buterin proposes partially stateless nodes for Ethereum scaling

May 19, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Articles

From BTC ETFs to DOGE: Six Charts Explain Why Bitcoin’s Return to $100K+ May Be More Durable Than January

May 21, 2025

Magic Eden Taps Spark to Enhance Bitcoin DeFi With Fast, Low-Cost Settlement

May 21, 2025

9 Best Solana Wallets in May 2025

May 21, 2025
ApeWatcher News
X (Twitter) Telegram
  • Privacy Policy
  • Sources
  • Terms and Conditions
  • Contact
  • Advertise
© 2025 Ape Watcher News

Type above and press Enter to search. Press Esc to cancel.