{"id":36312,"date":"2021-02-11T21:17:45","date_gmt":"2021-02-11T19:17:45","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=36312"},"modified":"2025-08-29T05:42:55","modified_gmt":"2025-08-29T02:42:55","slug":"sec-commissioner-hester-peirce-market-ready-for-bitcoin-etp-launch","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/sec-commissioner-hester-peirce-market-ready-for-bitcoin-etp-launch\/","title":{"rendered":"SEC Commissioner Hester Peirce: Market Ready for Bitcoin ETP Launch"},"content":{"rendered":"<p>U.S. capital markets are ready for the launch of a Bitcoin-based exchange-traded product (ETP), said SEC Commissioner Hester Peirce in an interview with <a href=\\\"https:\/\/www.coindesk.com\/peirce-sec-coindesk-tv\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\">CoinDesk<\/a>.<\/p>\n<blockquote>\n<p>&#8220;Investors are eager to trade bitcoin ETPs. If we do not provide a natural path for this, they will start seeking other, less optimal options,&#8221; she said.<\/p>\n<\/blockquote>\n<blockquote class=\\\"wp-embedded-content\\\" data-secret=\\\"teIOT2mQV1\\\">\n<p>What is a cryptocurrency ETF?<\/p>\n<\/blockquote>\n<p><iframe loading=\\\"lazy\\\" class=\\\"wp-embedded-content\\\" sandbox=\\\"allow-scripts\\\" security=\\\"restricted\\\" style=\\\"position: absolute; visibility: hidden;\\\" title=\\\"What is a cryptocurrency ETF? \u2014 ForkLog\\\" src=\\\"https:\/\/forklog.com\/cryptorium\/chto-takoe-bitkoin-etf\/embed#?secret=Y0OkFeHb5h#?secret=teIOT2mQV1\\\" data-secret=\\\"teIOT2mQV1\\\" width=\\\"500\\\" height=\\\"282\\\" frameborder=\\\"0\\\" marginwidth=\\\"0\\\" marginheight=\\\"0\\\" scrolling=\\\"no\\\"><\/iframe><\/p>\n<p>During the discussion, Peirce questioned the extent of Bitcoin&#8217;s threat in the context of financing terrorism. She argued that there is no way to completely ban the first cryptocurrency.<\/p>\n<p>The SEC commissioner admitted that she looks forward to working with the candidate for the regulator&#8217;s chair <a href=\"https:\/\/forklog.com\/en\/news\/gary-gensler-nominated-to-chair-the-sec\">Gary Gensler<\/a>. His nomination will soon be considered by the Senate.<\/p>\n<p>Earlier, U.S. Treasury Secretary Janet Yellen pledged to monitor the crypto market closely. She intends to curb the use of digital currencies for illicit purposes.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forkloglive\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog FEED<\/a> \u2014 the full news feed, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US capital markets are ready for the launch of a bitcoin-based exchange-traded product (ETP), according to SEC Commissioner Hester Peirce in an interview with CoinDesk.<\/p>\n","protected":false},"author":1,"featured_media":36313,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1311,128,1211],"class_list":["post-36312","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-hester-peirce","tag-sec","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/36312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=36312"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/36312\/revisions"}],"predecessor-version":[{"id":36314,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/36312\/revisions\/36314"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/36313"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=36312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=36312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=36312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}