Four members of Congress from both the Democratic and Republican parties have sent a letter to SEC Chairman Gary Gensler calling for the immediate approval of spot bitcoin ETFs.
The lawmakers stressed that a regulated spot Bitcoin ETP would offer increased protection for investors by making access to Bitcoin safer and more transparent.
Also they emphasized that there is no reason to continue to deny spot crypto ETF applications following the Grayscale court decision.
Also they emphasized that there is no reason to continue to deny spot crypto ETF applications following the Grayscale court decision.
