"Two Democratic Senators Urge SEC to Block Crypto ETPs"

Senators Reed and Butler are urging the SEC to halt crypto ETPs as they see risks for investors. Coinbase's Grewal has countered the senators with references to Ethereum's liquidity and market metrics. Recently, Patient Capital Management announced that it is abandoning the Grayscale Bitcoin Trust for Bitcoin ETPs. In a move highlighting the growing control over the cryptocurrency market, two [...]

The post [Two Democratic Senators Pressure the SEC to Block Crypto ETPs](https://coinjournal.net/news/two-senate-democrats-pressure-the-sec-to-block-crypto-etps/) appeared first on [CoinJournal](https://coinjournal.net).

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