{"id":21148,"date":"2024-05-23T22:00:09","date_gmt":"2024-05-23T19:00:09","guid":{"rendered":"https:\/\/coinengineer.io\/?p=21148"},"modified":"2024-05-23T17:35:59","modified_gmt":"2024-05-23T14:35:59","slug":"us-lawmakers-urge-sec-to-approve-ethereum-eth-spot-etfs-get-it-done","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/us-lawmakers-urge-sec-to-approve-ethereum-eth-spot-etfs-get-it-done\/","title":{"rendered":"US Lawmakers Urge SEC to Approve Ethereum (ETH) Spot ETFs: “Get It Done!”"},"content":{"rendered":"

US lawmakers are calling on the Securities and Exchange Commission (SEC) to approve spot Ethereum ETF applications.<\/p>\n

According to a report by Politico, a bipartisan group of US lawmakers has urged the Securities and Exchange Commission (SEC) to approve spot Ethereum ETF applications.<\/p>\n

The letter, addressed to SEC Chair Gary Gensler, states:<\/p>\n

“Specifically, the Commission should apply the same principles articulated in the approval of spot Bitcoin<\/a> ETPs when evaluating pending Ether ETP applications, as the legal considerations relevant to Bitcoin are also applicable to Ether.<\/p>\n

This move would not only demonstrate consistency in the Commission’s application of its standards but also validate the legal reasoning that facilitated the Bitcoin ETP decision.<\/p>\n

We encourage the Commission to continue to facilitate and embrace financial innovation while ensuring full protection of federal securities laws for investors.”<\/p>\n

\n
<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

US lawmakers are calling on the Securities and Exchange Commission (SEC) to approve spot Ethereum ETF applications. According to a report by Politico, a bipartisan group of US lawmakers has urged the Securities and Exchange Commission (SEC) to approve spot Ethereum ETF applications. The letter, addressed to SEC Chair Gary Gensler, states: “Specifically, the Commission<\/p>\n","protected":false},"author":1,"featured_media":20921,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[105,1000,2246,39],"class_list":["post-21148","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-ethereum","tag-ethereum-etf","tag-gensler","tag-sec"],"yoast_head":"\nUS Lawmakers Urge SEC to Approve Ethereum (ETH) Spot ETFs: "Get It Done!" - Coin Engineer<\/title>\n<meta name=\"description\" content=\"US lawmakers are calling on the Securities and Exchange Commission (SEC) to approve spot Ethereum ETF applications.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/us-lawmakers-urge-sec-to-approve-ethereum-eth-spot-etfs-get-it-done\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US Lawmakers Urge SEC to Approve Ethereum (ETH) Spot ETFs: "Get It Done!" - 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