According to Eric Balchunas, an ETF analyst at Bloomberg, it has been revealed on the X platform that Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission, has received a letter from Tom Emmer, the Majority Party Whip in the U.S. House of Representatives, and Josh Gottheimer, a Democratic representative from New Jersey. The letter emphasizes that a spot Ethereum ETF provides investors with a regulated, transparent, and secure way to access cryptocurrencies.