Multiple U.S. lawmakers urge Gary Gensler to immediately approve Bitcoin spot ETF

Odaily Planet Daily reported that a number of Republican and Democratic lawmakers wrote a letter on Tuesday urging U.S. SEC Chairman Gary Gensler to approve the listing of spot Bitcoin ETFs, saying that regulated Bitcoin spot ETFs will make Bitcoin transactions more transparent and secure, thus enhancing investor confidence. protection of. "Congress has a responsibility to ensure that the SEC approves investment products that meet congressional requirements. To this end, we urge you to immediately approve the listing of spot Bitcoin ETPs," the lawmakers said. In response to Grayscale’s previous victory in the lawsuit, the lawmakers said: “The court’s findings emphasize the basic point that there is no difference between spot Bitcoin ETP and Bitcoin futures ETP. Therefore, the SEC’s current position is untenable.” An SEC spokesman said Gensler would respond directly to members of Congress rather than through the media. According to previous news, last month, three judges of the U.S. Court of Appeals for the DC Circuit ruled that the SEC must re-examine Grayscale’s Bitcoin spot ETF, which means that Grayscale won the lawsuit against the SEC; the SEC rejected Grayscale last year Grayscale filed suit against SEC after proposal to convert GBTC into Bitcoin spot ETF. (The Block)