U.S. SEC Commissioner: Ethereum spot ETF does not need court battle to obtain approval

Hester Peirce, a commissioner of the US Securities and Exchange Commission (SEC), believes that an Ethereum spot ETF does not need a court battle to be approved. Hester Peirce stated that we only need to consider these products in a regular way. We apply the same approach to similar products, so we should not need a court to tell us that the methods we adopt are arbitrary and capricious in order for us to do the right thing.