Ethereum

Bitcoin

In a recent Coinage interview, US SEC Commissioner Hester Pierce proposed a potentially smoother approval process for Ethereum Exchange-Traded Funds (ETFs), indicating a shift from previous regulatory considerations.  
Commissioner Pierce expressed her desire for the SEC to treat crypto ETFs, particularly those linked to Ethereum, similarly to traditional funds.  
Her proposal advocates for applying existing standards without requiring court intervention, potentially streamlining the approval process.  
This approach differs from previous methods used by the SEC to handle crypto ETFs. Pierce's stance suggests a more industry-friendly approach, with crypto ETFs following the regulatory framework established for traditional investment funds.  
The anticipation for a potential Ethereum ETF has grown, particularly in light of the successful launch of <a href="https://optimisus.com/news/crypto-news/etf-provider-bitwise-publishes-its-bitcoin-addresses-for-spot-etf/" rel="noopener noreferrer nofollow">Bitcoin ETFs</a> in the US.  
Ethereum is thought to have a similar level of regulatory clarity to Bitcoin, which encourages market participants.  
While there were initial concerns about potential regulatory barriers for <a href="https://optimisus.com/market/market-news/sec-delays-decision-on-ethereum-etf-to-march-10-2024/" rel="noopener noreferrer nofollow">Ethereum ETFs</a>, Commissioner Pierce's remarks suggest a possible shift toward a more straightforward approval process.  
This could be good news for major players in the space, like BlackRock and Fidelity, who have applied for spot Ether ETFs.  
Big names in the financial industry, such as BlackRock and Fidelity, have expressed an interest in Ethereum ETFs and are seeking SEC approval.  
The upbeat tone of Commissioner Pierce and industry insiders reflects confidence that Ethereum ETFs will follow a similar path to their Bitcoin counterparts. 
The post <a href="https://optimisus.com/market/market-news/the-us-sec-commissioner-hints-that-ether-etf-approval-would-be-easier-than-bitcoin-etfs/" rel="noopener noreferrer nofollow">The US SEC Commissioner Hints That Ether ETF Approval Would Be Easier Than Bitcoin ETF’s</a> appeared first on <a href="https://optimisus.com" rel="noopener noreferrer nofollow">Optimisus</a>.

The US SEC Commissioner Hints That Ether ETF Approval Would Be Easier Than Bitcoin ETF’s

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