SEC Commissioner Hester Peirce Hints at Openness to Ether Staking ETFs

• Hester Peirce signals SEC openness to staking and Ethereum-based ETPs evaluations.
• Peirce discusses SEC’s new approach to crypto regulations amidst growing industry applications.
• Franklin Templeton has recently filed for Solana ETF with staking.

SEC Commissioner Hester Peirce aka ‘Crypto Mom’ has expressed openness to proposals for staking and exchange-traded products (ETPs) related to Ether (ETH). 

Commissioner Peirce, speaking during a recent interview with Yahoo Finance, acknowledged that the SEC has received a significant number of applications for ETPs and opened up about the agency’s willingness to consider them on a case-by-case basis.

SEC Discussing Staking “Internally”

Commissioner Peirce confirmed that staking, a process where crypto assets are locked up to support the network and earn rewards, is something the SEC has discussed in internal meetings. “In terms of staking, that is something that people raised with us early on after these products went through, and it’s something that I’m open to,” she said.

Staking is already common practice in other global markets, which has generated interest from U.S. crypto investors. With respec…

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