SEC’s Crypto Mom on Bitcoin ETF approval: “Don’t hold your breath”

SEC Commissioner Hester Peirce said during a fireside chat at the Digital Assest Investment Forum in Washington to ‘not hold your breath’ when it comes to a Bitcoin ETF.

Peirce, nicknamed ‘Crypto Mom’ by the crypto community, is an advocate for a crypto ETF and tries to pursue the SEC to approve a Bitcoin ETF soon. With the Van Eck ETF on the line in February 2019, a decision has to be made by the SEC whether they want to accept a Bitcoin ETF now, or not just yet.

SEC Commissioner Hester Peirce on crypto ETF: “Don’t hold your breath”

It could come tomorrow or in 20 years, she said.

“I do caution people to not live or die on when a crypto or bitcoin ETF gets approved.”

— Frank Chaparro (@fintechfrank) 5 december 2018

In July, Peirce dissented from the decision of the SEC to reject the Bitcoin ETF filed by the Winklevoss Twins. Now, Peirce says on a crypto ETF: “Don’t hold your breath.”

Read more: Crypto has a new ‘Crypto Mom’, and her Twitter following…