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US House lawmakers are urging the Securities and Exchange Commission (SEC) to approve a spot Ether (ETH) exchange-traded fund (ETF). A bipartisan group, including majority whip Tom Emmer and Democrat Josh Gottheimer, sent a letter to SEC Chair Gary Gensler, arguing that an ETH ETF would provide investors with a safer, more regulated access to the cryptocurrency. The lawmakers also emphasized the need for consistency in reviewing applications for other digital asset-backed ETFs. This comes as the crypto community eagerly awaits the SEC's decision on a potential Ethereum ETF, expected by the end of the month.

US House lawmakers are urging the Securities and Exchange Commission (SEC) to approve a spot Ether (ETH) exchange-traded fund (ETF). A bipartisan group, including majority whip Tom Emmer and Democrat Josh Gottheimer, sent a letter to SEC Chair Gary Gensler, arguing that an ETH ETF would provide investors with a safer, more regulated access to the cryptocurrency. The lawmakers also emphasized the need for consistency in reviewing applications for other digital asset-backed ETFs. This comes as the crypto community eagerly awaits the SEC's decision on a potential Ethereum ETF, expected by the end of the month.

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