Coinbase: The approval of Bitcoin ETF is a watershed in the expansion of the crypto economy

Cryptocurrency exchange Coinbase welcomes the regulatory approval of a series of spot Bitcoin ETFs. The company stated in a blog post that the SEC has approved 11 spot Bitcoin ETFs, eight of which are in partnership with Coinbase, marking a watershed moment for the expansion of the crypto economy. The launch of spot Bitcoin ETFs by the world's largest asset management companies will attract diversified new investors to stimulate long-term growth and product innovation.