Ramazan Eles 
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 should apply the same principles articulated in the approval of spot Bitcoin ETPs when evaluating pending Ether ETP applications, as the legal considerations relevant to Bitcoin are also applicable to Ether.
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.
We encourage the Commission to continue to facilitate and embrace financial innovation while ensuring full protection of federal securities laws for investors.”