ARK, 21Shares: We're First in Line for Spot-Bitcoin ETF

The video discusses the role of surveillance agreements in the crypto market, highlighting Coinbase's significant position in the US market. It explores the SEC's potential focus on Coinbase as a bridge between decentralized and traditional finance. The video compares crypto markets to traditional commodities like gold, noting differences in surveillance and market structure. It also addresses challenges with Bitcoin spot ETFs, such as settlement speed and unique crypto issues like forks and airdrops, emphasizing the need for expertise in managing these products.

What is the primary reason for the excitement around Coinbase's role in the US crypto market?

• Coinbase's global market share

• Coinbase's large proportion of the US market

• Coinbase's innovative technology

• Coinbase's partnership with the SEC

How does the SEC view Coinbase in relation to traditional finance?

• As a minor player

• As a bridge between DeFi and TradFi

• As a regulatory challenge

• As a competitor

What is a key difference between gold and crypto markets in terms of surveillance?

• Crypto is traded only offshore

• Gold has a significant peer-to-peer component

• Crypto has no peer-to-peer component

• Gold is traded only onshore

What is one of the SEC's concerns with Bitcoin spot ETFs?

• Lack of market interest

• Settlement due to volatility

• Limited trading hours

• High transaction fees

How do crypto ETFs differ from traditional commodity ETFs in terms of settlement?

• Crypto ETFs require physical delivery

• Crypto ETFs can have instantaneous settlement

• Crypto ETFs are more expensive

• Crypto ETFs have slower settlement