Stop Anti Spot Ethereum ETF Campaign, ETH More Liquid Than Most S&P 500 Stocks

The success of spot Bitcoin ETFs within just two months of launch has clearly irked some lawmakers in the U.S. On Thursday, March 14, Senator Reed and Senator Butler wrote to the U.S. Securities and Exchange Commission (SEC) urging them to refrain from approving additional Exchange-Traded Products (ETPs) for alternative tokens beyond Bitcoin. Indirectly, the lawmakers have been pushing the SEC to deny the spot Ethereum ETF that has been recently under consideration.