spot_imgspot_img

SEC Commissioner Hester Peirce: Staking and Ether/Bitcoin ETFs Could Be Reassessed for the Same Type of Creation/Redemption

**SEC Commissioner Hester Peirce: Re-evaluating Creation/Redemption Mechanisms for Staking and EtherBitcoin ETFs**

In a recent statement, SEC Commissioner Hester Peirce has called for a fresh examination of the creation and redemption processes for staking and EtherBitcoin Exchange-Traded Funds (ETFs). As the crypto landscape evolves, Peirce emphasizes the need for a regulatory framework that reflects the unique characteristics of these digital assets. She argues that traditional financial models may not fully accommodate the nuances of staking and the dual nature of EtherBitcoin ETFs. This re-evaluation aims to foster innovation while ensuring investor protection, suggesting that the SEC may be inching towards a more crypto-friendly stance. The call for re-assessment underscores the commission’s recognition of the dynamic nature of the crypto market and its impact on regulatory approaches.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.