Hester Peirce stated that regulatory pressure from the Commission led to the fact that issuers of ether ETFs, in particular ARK21 Shares and Fidelity, excluded the possibility of staking from their offers in order to comply with strict SEC requirements.
Recall that the regulator regards cryptostaking as an investment contract in which investors invest their assets, expecting to make a profit as a result of the efforts of network validators.
Pierce noted that the ban on staking against the background of the launch of ETFs on the air could lead to a significant part of the ETH supply being withdrawn from the Ethereum staking pool, which could negatively affect the stability and security of the network.
Cryptomama added that if there are objective prerequisites, the regulator may return to discussing the concept of staking, which the issuers of ETFs were forced to exclude from their applications.
Earlier, Esther Pierce proposed to the Bank of England and the UK Financial Supervision Authority to create a "unified cross-border sandbox" to regulate innovations in the field of digital assets.