According to Politico, US lawmakers spot Ethereum ETF for approval of applications To the US Securities and Exchange Commission (SEC) he called.
SEC has been called by US lawmakers to approve Ethereum ETFs.
— Bitcoin System (@bitcoinsistemi) May 23, 2024
SEC Chairman Gary GenslerThe following statements were included in the letter addressed to:
“Specifically, when considering pending Ether ETP applications, the Commission should apply the same principles set out in the approval of spot Bitcoin ETPs, as Bitcoin-related legal considerations also apply to Ether.
This progress will not only demonstrate the consistency in the Commission’s application of its standards, but also confirm the legal rationale that facilitated the Bitcoin ETP decision.
“We encourage the Commission to continue enabling and embracing financial innovation while ensuring full protection of the federal securities laws for investors.”
*This is not investment advice.
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