The U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce said that crypto exchange traded-funds (ETFs) could soon be approved by the SEC, according to CryptoSlate. She expects the agency’s new leadership to quickly approve an Ethereum ETF that includes staking and allow in-kind redemptions for a Bitcoin product. Peirce explained that former SEC Commissioner Paul Atkins, who is considered to be crypto-friendly, will take over as the acting SEC Chairman and “that will put these issues squarely before the agency.” “I’m optimistic about the new leadership at the SEC. I think next year could be the year of the crypto ETF,” she added.

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