- SEC Commissioner Hester Pierce revealed in an interview that the agency is optimistic about new changes in 2025.
- She shared that there will still be uncertainty with certain decisions, including the new president of the Agency.
- Pierce said the agency is likely to reconsider approving Ethereum ETF investments and in-kind redemptions for ETFs.
In an interview Friday with Coinage, Securities and Exchange Commission (SEC) Commissioner Hester Peirce spoke about her optimism about upcoming regulatory changes as the agency transitions to new leadership under President Trump’s choice for new chairman, Paul Atkins. Peirce also highlighted the potential to revisit in-kind redemptions in crypto exchange-traded funds (ETFs) and allow Ethereum ETFs to start investing.
Pro-Crypto SEC Chair Could Push for Better US Regulatory Environment, Hester Pierce
SEC Commissioner Hester Peirce shared her views on potential upcoming changes at the agency under Trump pick Paul Atkins, according to an interview with Coinage.
She described that period as transitional, emphasizing the optimism that accompanies the arrival of the new Chair.
“Right now is a time of transition for everyone in Washington, and I think it’s the same in the SEC,” she said in an interview.
Peirce expressed her hope to revisit two key SEC rulings related to crypto ETFs. These are redemptions in kind and allow Ethereum ETFs to start investing.
These changes, which had little chance of being approved under outgoing President Gary Gensler, now appear more feasible.
She noted that the changes would also require the support of other commissioners who previously opposed the two reforms.
“If it changes from a majority of commissioners who don’t want things to pass to a majority of commissioners who do want things to pass, then yes, it’s easier,” she said.
Peirce stressed that while uncertainty remains, initial steps can begin immediately upon their approval.
She added that the new president will have to start dealing with crypto regulations from the first day in office.
“I think what happens on day one is you get an acting president, and then the acting president can start working on things that are a priority, and one of those issues is going to be crypto,” Pierce said.
President-elect Donald Trump announced on December 4 that he has nominated Paul Atkins to replace Gary Gensler, who is stepping down on January 20.
Atkins is a former SEC commissioner known for his pro-crypto stance, which has caused excitement in the crypto industry.
