Coinbase Chief Policy Officer: The Bitcoin ETF is a crucial step towards clear industry regulation, allowing billions or even more funds to enter the market

In an interview, Coinbase Chief Policy Officer Faryar Shirzad stated that the approval of a Bitcoin ETF means hundreds of thousands or even billions of dollars, or even more funds will enter the crypto market. This is a big deal and signifies that the market has taken a significant step towards clear regulation. Although this is an important step and good for the entire industry, especially for consumers, he noted that there is still need for legislation in the crypto market.