SEC’s Peirce Says Bitcoin ETF Approval Process Was ‘Terribly Mismanaged’

Regulator Hester Peirce, known to many in the digital-asset industry as “Crypto Mom,” has a message for her fans: be more patient.

Speaking on Bloomberg’s Trillions podcast, Peirce urged those waiting for another round of approvals on crypto-related exchange-traded products — or for broader regulatory clarity — to realize that, as she put it, “there’s a lot going on.”