Hester Peirce Asserts SEC Should Approve Bitcoin ETF

Securities and Exchange Commissioner Hester Peirce expressed her belief that there is no reason for the SEC to deny the approval of a spot Bitcoin exchange-traded product (ETF). Peirce, who has long advocated for a Bitcoin ETF, has been vocal about her disagreement with the SEC's actions against crypto companies. While her statements may not guarantee approval, rumors surrounding a potential Bitcoin ETF have had a significant impact on the crypto market.