{"id":24687,"date":"2023-11-23T08:21:51","date_gmt":"2023-11-23T08:21:51","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/sec-commissioner-signals-support-for-bitcoin-etf-in-recent-interview\/"},"modified":"2023-11-23T08:21:51","modified_gmt":"2023-11-23T08:21:51","slug":"sec-commissioner-signals-support-for-bitcoin-etf-in-recent-interview","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/sec-commissioner-signals-support-for-bitcoin-etf-in-recent-interview\/","title":{"rendered":"SEC Commissioner Signals Support for Bitcoin ETF in Recent Interview"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
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Hester Peirce, a commissioner of the U.S. Securities and Exchange Commission (SEC), expressed a favorable preference for licensing a spot Bitcoin exchange-traded fund (ETF) in a recent interview with Bloomberg. Peirce reiterated a position she has held for a number of years, emphasizing that the SEC lacks a compelling reason to obstruct the development of a Bitcoin ETF.<\/p>\n

Individual Assessments for Each Application<\/h2>\n

Peirce highlighted that each application is given a unique assessment based on its particular circumstances, but she also stated that, in her opinion, the SEC has no reason to deny a Bitcoin ETF the ability to list on the stock market. This suggests that the SEC\u2019s stance on financial products connected to cryptocurrencies may change.<\/p>\n

Peirce made hints about a possible shift away from the SEC\u2019s practice of establishing cryptocurrency laws only through litigation actions. The commissioner signaled a more nuanced and adaptable strategy in response to the changing crypto landscape by speculating that the agency would look into alternate paths for regulatory measures.<\/p>\n

According to reports, the SEC has held meetings with two of the biggest names in finance, BlackRock and Grayscale, about their respective Bitcoin ETF applications<\/a>. Eight to ten ETF applications are presently being considered by the SEC; the results of these discussions will have a big impact on the whole bitcoin industry.<\/p>\n

It has long been predicted that the adoption of a Bitcoin ETF would be a significant step forward, one that would draw new institutional investors into the cryptocurrency market. Should the SEC approve these petitions, it may indicate a change in the way that digital assets are seen and included into established financial markets.<\/p>\n

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(Originally posted on : Crypto News – iGaming.org ) Hester Peirce, a commissioner of the U.S. Securities and Exchange Commission (SEC), expressed a favorable preference for licensing a spot Bitcoin exchange-traded fund (ETF) in a recent interview with Bloomberg. Peirce reiterated a position she has held for a number of years, emphasizing that the SEC […]<\/p>\n","protected":false},"author":34,"featured_media":24688,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/24687"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=24687"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/24687\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/24688"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=24687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=24687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=24687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}