The U.S. Securities and Exchange Commission (SEC) approved eight applications for spot Ethereum ETFs on Thursday, signaling Ethereum trading on Wall Street. Coinbase Chief Legal Officer (CLO) Paul Grewal affirmed that the SEC’s decision confirms Ethereum’s status as a commodity. Coinbase CLO: SEC Approval of Ethereum ETF Validates ETH as Commodity Paul Grewal expressed his The post Coinbase CLO: Ethereum ETF Approval Confirms Ethereum Commodity Status appeared first on CoinGape .