Jan 11, 2024

Coinbase Chief Policy Officer, Faryar Shirzad, breaks down what the approved spot bitcoin ETFs mean for the broader crypto industry.

Video transcript

One, it means that you'll have hundreds of thousands and billions of dollars, maybe more than that coming into the crypto markets, which is a big deal. Uh It also means a step towards regulatory clarity. Uh Now, you know, we still need legislation, but we took a big important step and that's great for the industry and it's even better for consumers. And, uh, I think that's great news.

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