In a recent interview with Zack Guzman, SEC Commissioner Hester Peirce discussed the agencys stance on crypto-backed ETFs, highlighting a forthcoming change in their approval process. Unlike the previous Bitcoin ETF saga, where court intervention was sought, Peirce emphasized that the SEC should not require external persuasion for eventual approval of such financial products. Streamlining Approval for Ethereum ETFs Peirce disclosed that the SEC aims to streamline the approval process for Ethereum ETF applicants. According to Crypto News, the regulatory body plans to incorporate...
source: https://tokenpost.com/SEC-Discuss-Ethereum-Spot-ETF-Approval-Potential-11133
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