House Lawmakers Urge SEC Chair Gensler to Approve Spot Ethereum ETFs

Thursday, 23 May 2024, 13:18

In a bid to expedite the process, a group of House lawmakers is pressuring SEC Chair Gensler to greenlight spot Ethereum ETFs ahead of the looming decision deadline. The push underscores the increasing interest in cryptocurrency-based financial products and the regulatory challenges they face.

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Lawmakers press SEC Chair Gensler to approve spot Ethereum ETFs

A group of House lawmakers are urging SEC's Gensler to approve spot Ethereum exchange-traded products (ETPs) as the agency grapples with an imminent decision deadline. This development signals growing support for the expansion of crypto-based investment instruments.

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