The U.S. SEC Commissioner refused to disclose the progress of the spot Ethereum ETF application, but said he did not want to face the lengthy court and appeal process.

Odaily Odaily reported that U.S. Securities and Exchange Commission Commissioner Hester Peirce refused to disclose the status of spot Ethereum ETF applications in the latest interview, but expressed the hope that future crypto ETF applications will not face lengthy court cases and appeals processes. Hester Peirce added: "This Not the way the SEC approves it, it shouldn't require the courts to tell us that our approach to getting things done is arbitrary and capricious. I don't want to predict what will happen with any particular exchange-traded product, the facts and Circumstances do matter.”