<ul class="news-points"> 
 <li>SEC Commissioner Hester Pierce said spot ETH ETF application may see approval without court intervention.&nbsp;</li> 
 <li>The commissioner said the regulator would apply similar consideration used for traditional ETFs to crypto funds.&nbsp;</li> 
 <li>BlackRock, VanEck, ARK 21Shares, Fidelity, and Grayscale are among ETH ETF applicants.</li> 
</ul> 
Hopes of an easier road to approval for spot Ethereum exchange-traded funds (ETFs) have risen following a statement from US Securities and Exchange Commission (SEC) commissioner Hester Pierce.&nbsp; 
In an <a href="https://x.com/zGuz/status/1749843472247410728?s=20" target="_blank" rel="nofollow">interview</a> with Coinage posted on X (formerly Twitter), the commissioner stated that the regulator will take a different approach to spot Ethereum ETF applications. Importantly, she suggested issuers filing for the ETFs may see approval without relying on a court decision.&nbsp; 
“We shouldn’t need a court to tell us that our approach is arbitrary and capricious in order for us to get it right. So I certainly hope that wouldn’t be the case,” she remarked. “That’s not how we’re going to do our approvals … I think that kind of a lesson will certainly stick with us.” 
Instead, the commissioner suggested the SEC start treating spot crypto ETFs like traditional …
The post <a href="https://coinedition.com/sec-commissioner-says-eth-etfs-may-see-approval-without-going-to-court/">SEC Commissioner Says ETH ETFs May See Approval Without Going to Court</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

SEC Commissioner Says ETH ETFs May See Approval Without Going to Court

Coin Edition

Alte articole publicate pe 24 ian. 2024

Alert on BLUR: Top Investors’ $55 Million Unrealized Profit in Spotlight

Coinbase CLO Challenges Court Ruling In SEC vs Crowd Machine Lawsuit

Bitcoin Cash and Cosmos holders closely tracking Kelexo

Doom Classic Game Now Stored Forever on Dogecoin Blockchain

Uphold’s top researcher declares start of major crypto bull market

Cryptocurrency: 3 Coins To Avoid Trading This Month

Join our free newsletter for daily crypto updates!