SEC Commissioner Hester Peirce aka ‘Crypto Mom’ has expressed openness to proposals for staking and exchange-traded products (ETPs) related to Ether (ETH).

Commissioner Peirce, speaking during a recent interview with Yahoo Finance, acknowledged that the SEC has received a significant number of applications for ETPs and opened up about the agency's willingness to consider them on a case-by-case basis.

SEC Commissioner Hester Peirce has expressed openness to proposals for staking and exchange-traded products (ETPs) related to Ether (ETH).

In an interview with Yahoo Finance, Peirce acknowledged that the SEC has received a lot of applications for ETPs and is willing to consider them on a case-by-case basis.

“In terms of staking, that is something that people raised with us early on after these products went through, and it's something that I'm open to,” she said.

Staking is already common in other markets, which has generated interest from U.S. crypto investors.

With respect to Ethereum-based ETPs, Peirce said that the SEC is open to discussing options but emphasized the need for careful consideration of each proposal.

The SEC is seeing an increasing number of applications for crypto-related products, which reflects the growing demand and innovation within the sector. However, the agency will evaluate these proposals based on their individual merits, ensuring thorough consideration of any potential risks involved.

Peirce also touched on the broader regulatory landscape, including the new executive order that requires independent agencies like the SEC to submit major regulations for review.

Franklin Templeton filed an application with the U.S. Securities and Exchange Commission (SEC) for a Solana ETF with staking capabilities. The ETF filing details how Franklin Templeton would manage staking activities, controlling the staking process and rewards.

The firm plans to use trusted staking providers, possibly including its affiliates, with the rewards earned classified as income.

Several staking ETF proposals were withdrawn in 2024 due to regulatory concerns. However, the SEC's new Crypto Task Force is actively trying to balance innovation with regulation in 2025.