Name: COIN: SEC Delays Approval For Spot Bitcoin ETFs
Uploaded: 2023-09-01T19:16:11.487-05:00
Duration: 5 min 38 s

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The SEC is delaying approval for spot Bitcoin ETFs. Federal courts are putting pressure on the SEC to make a decision, and they expect one in mid-October. Kevin Green discusses how this effects Coinbase (COIN). COIN fell over 19% in August but is up over 120% year-to-date. He goes over how long-term, these ETFs could cannibalize COIN’s business, but there are still a lot of unknowns. Tune in to find out more about the stock market today.

COIN: SEC Delays Approval For Spot Bitcoin ETFs

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