Coinbase’s Ryan VanGrack: CFTC Approval “Opens Many Doors” for Bitcoin

Published 05 Oct 2026, 21:17 UTC. Updated 06 Oct 2026, 11:31 UTC.

Bitcoin Magazine Coinbase’s Ryan VanGrack: CFTC Approval “Opens Many Doors” for Bitcoin Proposed SEC rules could boost direct Bitcoin ownership for advisors. Coinbase’s Ryan VanGrack explains why ETFs and direct holding can both thrive. This post Coinbase’s Ryan VanGrack: CFTC Approval “Opens Many Doors” for Bitcoin first appeared on Bitcoin Magazine and is written by Patrick Green .

Directly affected

No company is named in this report.

Indirectly affected

IBIT iShares Bitcoin Trust
This price moves with the crypto market
COIN Coinbase
The crypto exchange moves with trading volumes
MSTR Strategy
This company's value is tied to its bitcoin holdings
MARA MARA Holdings
Bitcoin miners move with the bitcoin price
RIOT Riot Platforms
Bitcoin miners move with the bitcoin price
HOOD Robinhood
Retail trading apps move with crypto volumes
BITB BITWISE BITCOIN ETF TR
GA selected BITB as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
BITU PROSHARES ULTRA BITCOIN ETF
GA selected BITU as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
BITX 2X BITCOIN STRATEGY ETF
GA selected BITX as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
GBTC GRAYSCALE BITCOIN TRUST ETF
GA selected GBTC as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

Ticker	T-5	T-3	T-1	T0	T+1	T+2	T+3
IBIT	—	—	—	—	—	—	—
COIN	—	—	—	—	—	—	—
MSTR	—	—	—	—	—	—	—
MARA	—	—	—	—	—	—	—
RIOT	—	—	—	—	—	—	—
HOOD	—	—	—	—	—	—	—
BITB	—	—	—	—	—	—	—
BITU	—	—	—	—	—	—	—
BITX	—	—	—	—	—	—	—
GBTC	—	—	—	—	—	—	—

Bitcoin Magazine Coinbase’s Ryan VanGrack: CFTC Approval “Opens Many Doors” for Bitcoin Proposed SEC rules could boost direct Bitcoin ownership for advisors. Coinbase’s Ryan VanGrack explains why ETFs and direct holding can both thrive. Th…

Source: Bitcoin Magazine

How far Bitwise Bitcoin ETF (BITB) has moved since 5 Oct 2026

Since the first closing price after “Coinbase’s Ryan VanGrack: CFTC Approval “Opens Many Doors” for Bitcoin,” Bitwise Bitcoin ETF (BITB) is -4.58%. The S&P 500 fund (SPY) is -1.60% over the same days, a -2.98% difference versus the market.

BITB

SPY

Where this story sits: Taiwan Strait

Taiwan Strait has 48 linked stories in the last 7 days and 48 in the last 30 on the page that also carries “Coinbase’s Ryan VanGrack: CFTC Approval “Opens Many Doors” for Bitcoin.” The recent pace is rising.

Taiwan Strait stories

Who gains and who pays if Taiwan Strait stays in the story

Companies mentioned with this story

BITB Bitwise Bitcoin ETF
Bitwise Bitcoin ETF (BITB) is linked, with no stored direction, medium confidence in the 5 Oct 2026 story “Coinbase’s Ryan VanGrack: CFTC Approval “Opens Many Doors” for Bitcoin.” Reason on file: GA selected BITB as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
BITU Proshares Ultra Bitcoin Etf
In “Coinbase’s Ryan VanGrack: CFTC Approval “Opens Many Doors” for Bitcoin,” Proshares Ultra Bitcoin Etf (BITU) is linked, with no stored direction, medium confidence. Reason on file: GA selected BITU as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
BITX 2X Bitcoin Strategy Etf
In “Coinbase’s Ryan VanGrack: CFTC Approval “Opens Many Doors” for Bitcoin,” 2X Bitcoin Strategy Etf (BITX) is linked, with no stored direction, medium confidence. Reason on file: GA selected BITX as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
GBTC Grayscale Bitcoin Trust ETF
In “Coinbase’s Ryan VanGrack: CFTC Approval “Opens Many Doors” for Bitcoin,” Grayscale Bitcoin Trust ETF (GBTC) is linked, with no stored direction, medium confidence. Reason on file: GA selected GBTC as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
IBIT iShares Bitcoin Trust ETF
In “Coinbase’s Ryan VanGrack: CFTC Approval “Opens Many Doors” for Bitcoin,” iShares Bitcoin Trust ETF (IBIT) is linked, with no stored direction, medium confidence. Reason on file: GA selected IBIT as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
ARKB Ark 21Shares Bitcoin ETF
For “Coinbase’s Ryan VanGrack: CFTC Approval “Opens Many Doors” for Bitcoin,” Ark 21Shares Bitcoin ETF (ARKB) is linked, with no stored direction, medium confidence. Reason on file: GA selected ARKB as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

From Taiwan Strait to Bitwise Bitcoin ETF (BITB)

“Coinbase’s Ryan VanGrack: CFTC Approval “Opens Many Doors” for Bitcoin” (5 Oct 2026) reaches Bitwise Bitcoin ETF (BITB) through Taiwan Strait.

Bitwise Bitcoin ETF (BITB) is on the page because GA selected BITB as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

A second company, Proshares Ultra Bitcoin Etf (BITU), is listed for a different reason: GA selected BITU as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

The price range for Bitwise Bitcoin ETF (BITB), and the dates in the story

BITB traded between 43.26 and 47.30 across 20 sessions. The latest close on file is 44.34. BITU traded between 13.70 and 16.49 across 20 sessions. The latest close on file is 14.38. BITX traded between 17.70 and 21.33 across 20 sessions. The latest close on file is 18.59.

A simple score for Bitwise Bitcoin ETF (BITB)

46 out of 100

“Coinbase’s Ryan VanGrack: CFTC Approval “Opens Many Doors” for Bitcoin” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.