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Spot Ether ETFs will come down to a 5-person vote: Gensler the decider?

It was speculated that Gensler’s vote secured the launch of spot Bitcoin ETFs in January — and the same five commissioners are set to vote on Ether ETFs this week.

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"Congress has a duty to ensure that the SEC approves investment products that meet the requirements set forth by Congress," the representatives said.

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