US SEC Commissioner: Libra may be considered a financial commodity, and the Bitcoin ETF "still needs patience"

According to the Nikkei News, US SEC Commissioner Hester Peirce said in an interview that Libra, the cryptocurrency issued by Facebook, uses the legal currency and national debt issued by the central bank as reserve assets, close to MMF (money market fund), so May be treated as a financial commodity rather than a currency. If treated as a financial product, Libra also needs to comply with tax laws and other financial commodity regulations, and its convenience may also decline. Regarding the issue of the Bitcoin ETF, Hester Peirce said that people are very curious about when they will be approved, but her answer is "still need to wait patiently." It is indeed possible for the future Bitcoin ETF to be approved, but she does not know whether it is 1 year or 5 years later.