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Hester Peirce’s Last Effort at SEC as Wilshire Phoenix BTC ETF Is Rejected

Published 03/01/2020, 01:17 PM
Updated 03/01/2020, 03:02 PM
Hester Peirce’s Last Effort at SEC as Wilshire Phoenix BTC ETF Is Rejected
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Securities and Exchange Commissioner (SEC) Commissioner Hester Peirce has published a dissenting statement in response to the Commission’s rejection of Wilshire Phoenix’s Bitcoin Exchange Traded Fund application.

In her statement, Peirce slams the SEC for its biased treatment of Bitcoin-related products with the passion of a “Bitcoin maximalist.” Given that the commissioner’s term expires in a little over three months, at the beginning of June 5, it raises a question: Could Peirce be positioning herself for a life after the SEC?

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