SEC Commissioner Hester Peirce on Spot BTC ETF

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SEC Commissioner Hester Peirce has voiced her support for the approval of a spot bitcoin exchange-traded fund (ETF), stating that such a product should have been approved over five years ago. Peirce’s comments come as anticipation builds ahead of a Jan. 10 deadline for approving or denying ARK/21Shares’ spot bitcoin ETF application.

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She emphasized that the ETF and cryptocurrency ecosystems are ready for a spot bitcoin ETF and criticized the SEC’s stance on cryptocurrency, suggesting that the agency should change its attitude towards crypto and blockchain. Peirce has been an outlier among SEC officials in her supportive stance on cryptocurrency.


Maintain Your Horses! A Space Bitcoin ETF May perhaps well also Already Be Priced into Crypto.

There is a growing belief that the recent price surge in bitcoin could already factor in the potential approval of a spot Bitcoin ETF- a pivotal strategic investment move that holds significant influence in the crypto market. Investors and financial enthusiasts alike are keenly awaiting regulatory approval, a decision that could potentially catalyze the future growth trajectory of bitcoin prices. This speculation underscores not only the potential value that bitcoin holds as a digital asset but also the evolving role of institutional reactiveness in the cryptocurrency landscape.

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