Coinbase CFO: Bitcoin spot ETF will not put pressure on trading fees in the short term

ChainCatcher news, Coinbase Chief Financial Officer (CFO) Alesia Haas stated that the CEX currently provides custody, trading, and financing services for ETF issuers. It is expected that the approval and listing of a Bitcoin spot ETF will not lead to immediate trading fee pressure on the exchange, but in the long run, the company may face fee compression.

Over time, ETFs may diversify and use multiple custodians, as issuers seek to reduce reliance on a single company. Alesia Haas mentioned that Coinbase is prepared for this possibility.