SEC Commissioner Peirce Sees No Reason to Keep Denying Bitcoin ETF
• SEC Commissioner Hester Peirce believes there is "no reason" for the SEC to deny approval of a spot Bitcoin ETF • Peirce has been advocating for a Bitcoin ETF for years, seeing no justification to obstruct one • Approval of a Bitcoin ETF could significantly boost interest and investment into Bitcoin and crypto • While Peirce is enthusiastic, she is in the minority on the SEC board, which has denied all Bitcoin ETF proposals so far • Rumors about potential Bitcoin ETF approval have positively impacted crypto prices recently