Bitcoin ETF

Bitcoin

Spot

In a recent television interview with CNBC, SEC Commissioner Hester Peirce expressed surprise at the delay in approving a spot Bitcoin ETF, a product she has believed has been making sense for “the last five years.” 
Peirce, who has been a staunch supporter of cryptocurrencies in the past, admitted that his views on the Bitcoin ETF differ significantly from those of other SEC staff. “I cannot predict my colleagues' approach to this issue,” he said. 
Peirce expressed concerns about some of the SEC's actions towards crypto, suggesting they could have a negative impact. He stated that he found it problematic that Bitcoin products were subject to increased scrutiny by the SEC. 
Related News: <a href="https://en.bitcoinsistemi.com/two-unnoticed-details-caught-in-blackrocks-bitcoin-spot-etf-application-coming-sooner-than-expected/" target="_blank" rel="dofollow">Two Unnoticed Details Caught in BlackRock's Bitcoin Spot ETF Application: Coming Sooner Than Expected?</a> 
“I have always been puzzled by the logic of why we do not approve Bitcoin ETF products,” Peirce said. 
Peirce did not confirm whether the commission was ready to approve a product traded on the BTC exchange, despite his views and the increasing number of applications following the turn of the Grayscale case. 
The SEC is known for its recent defeats against the cryptocurrency market. Recently, he voluntarily dropped the lawsuits he filed against Ripple executives. 
*This is not investment advice. 
 Continue Reading: <a rel="nofollow" href="https://en.bitcoinsistemi.com/bitcoin-spot-etf-comments-from-an-sec-member-who-is-a-vocal-bitcoin-advocate/">Bitcoin Spot ETF Comments from an SEC Member Who is a Vocal Bitcoin Advocate</a>

Bitcoin Spot ETF Comments from an SEC Member Who is a Vocal Bitcoin Advocate

Bitcoin Sistemi EN

Other articles published on Oct 23, 2023

Crypto Market Surges to $1.2 Trillion: Winners and Losers Emerge

Canaan Inc. to Illuminate Blockchain Life 2023 Forum with Cutting-Edge Insights and Innovations

Dogecoin Rises, But Encounters Resistance At $0.064

XRP and ETH Comments, Ethereum London Hard Fork, and Ripple-SEC Developments

GALA Crypto: Will GALA Price Rebound From Current Levels?

Ellipsis (EPS) Price Prediction 2024, 2025, 2030, 2040, and 2050

Join our free newsletter for daily crypto updates!