Crypto, tokenization and ETFs: SEC’s Peirce indicates openness
SEC Commissioner Hester Peirce states that they are open to working with Wall Street on developing exchange-traded fund products based on cryptocurrencies and tokenization.
“We want to work with people on new products,” Peirce said in an exclusive interview with “ETF Edge” host Dominic Chu this week. “This really means coming in and talking to us about what you’re trying to do. We want to work with you to see if the market wants your products.”
Peirce joined CNBC from the VettaFi Exchange 2026 conference in Las Vegas.
“I’m here because this is a very important part of what we organize,” he said.
When asked about tokenizing financial instruments, Peirce said interest is growing.
“It’s not the SEC’s job to decide how the market moves forward,” he said. “But tokenization is one of those areas where, since the administration changed and the attitude towards crypto and blockchain changed, people have come to us and said, ‘We really think tokenization has potential here.’”
Peirce also touched on regulatory priorities as retail investors gain access to new ETFs.
“We want to do this [work with issuers] “In a way that respects the protection of investors,” Peirce said. “It’s not our job to say which products are good or bad. It’s our job to work with sponsors to make sure they explain what these products are and what the risks are. [and] What are they intended to be used for?”
