XRP lawyer John Deaton has publicly criticized former SEC Chair Jay Clayton, accusing him of prioritizing his personal interests over his regulatory duties. Deaton’s remarks come in response to Clayton’s recent statement in a Sept. 1 interview with CNBC that the approval of a Bitcoin ETF is “inevitable.” Clayton’s statement suggests optimism regarding the future of Bitcoin ETFs, even though specific approval timelines remain uncertain. The SEC has been evaluating various Bitcoin ETF applications, and the delays in decision-making have been attributed to the need for additional time to assess these proposals and their potential impact on the market.