According to Bloomberg, US SEC Commissioner Hester Peirce stated in an interview with Bloomberg that the approval process for spot Bitcoin ETFs is "severely poorly managed". As the Bitcoin ETF was approved, Peirce issued a statement criticizing regulatory agencies for their "weak explanatory power for changing their minds" and urging market participants to be patient with the approval of cryptocurrency exchange traded products (ETPs). She pointed out that the SEC is dealing with multiple lawsuits and other issues, and emphasized that SEC approval does not mean that the product is a good investment, and investors should make their own judgments. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=42169