Last week’s settlement price of $303 per share would make Coinbase bigger than NYSE-owner ICE.
Coinbase is the latest exchange to offer staking services for the rebooted Ethereum network.
Binance, Coinbase, Gemini and Kraken are all having technical difficulties under heavy trading load.
Feroz will bring experience "built across the global payments and fintech industry," BCB Group said.
The crypto exchange will reportedly join Nasdaq's tech-heavy lineup.
Spillover from market drama on Wall Street is crippling U.S. crypto exchanges.
Coinbase announced last month it had confidentially submitted a draft registration statement with the SEC.
Is the price of bitcoin and other cryptocurrencies inflated because the backing of tether may not be as strong as people think it is?
The ether rally appears to be more organic and driven from within the crypto industry.
University endowments that backed blockchain VCs in 2018 have started buying crypto directly from Coinbase.
The Valkyrie Bitcoin Trust would be listed on the NYSE and Coinbase Custody Trust Co. would serve as custodian.
Coinbase published fresh numbers Friday on how much capital has flowed onto the exchange in recent months.
Uncertainty is leading many to take short-term profit, according to the "Coinbase Premium" indicator.
The sell-off also led to major corrections for other cryptocurrencies including ether, stellar, xrp and chainlink.
Bison Trails already partnered with Coinbase through its custody service.