SEC Commissioner Hester Pierce sheds light on Ethereum ETF …

Dec 21, 2024 · SEC Commissioner Hester Pierce revealed in an interview that the agency is optimistic about new changes in 2025. She shared that there will still be uncertainties with …

FAQs about SEC Commissioner Hester Pierce sheds light on Ethereum ETF … Coupon?

Will Ethereum ETFs be allowed to stake ether?

The issuers removed that component ahead of being approved by the SEC in May. But in a new interview with Coinage, SEC Commissioner Hester Peirce floated that Ethereum ETFs being granted permission to stake ether could be reconsidered after they begin trading. ...

How did the SEC approve Ethereum ETFs?

Rather than being approved by a Commissioner vote, the SEC approved Ethereum ETFs via delegated authority to their Trading and Markets division. Regardless, Commissioner Peirce relayed her disappointment in how heavy-handed yet another cryptocurrency approval process had become. ...

What happened to Ethereum ETFs?

Ethereum ETF issuers, including VanEck and Fidelity, had originally sought to be able to stake the underlying Ethereum held via their respective products. The issuers removed that component ahead of being approved by the SEC in May. ...

Will ETH ETFs be rubberstamped by the SEC next?

That was because investors are betting on an ether — or ETH — ETF to be rubberstamped by the SEC next. The agency is due to give decisions on spot ETH ETF applications beginning in May. BlackRock, Invesco, Ark and VanEck are among the firms in line for approval, as well as Grayscale. ...

Who is Hester Peirce?

SEC Commissioner Hester Peirce will speak at Consensus 2024 this May. Grab your pass here. To some extent, Peirce’s disagreements with SEC Chair Gary Gensler stem from their varying philosophical and political beliefs. Peirce, a Republican and member of the Federalist Society, thinks the government should have a limited hand in regulating commerce. ...

Why are ETH prices so high after bitcoin ETF approval?

After the bitcoin ETF approval, prices for ether — the token linked with Ethereum — spiked to their highest level since May 2022. That was because investors are betting on an ether — or ETH — ETF to be rubberstamped by the SEC next. The agency is due to give decisions on spot ETH ETF applications beginning in May. ...