House Lawmakers Push SEC to Approve Spot Bitcoin ETFs: Will Gensler Budge?
U.S. House lawmakers are intensifying their pressure on Securities and Exchange Commission (SEC) Chair Gary Gensler to approve spot Bitcoin ETFs. In a bipartisan effort, key members of the House Financial Services Committee are urging the SEC to reconsider its stance, citing growing global demand and the potential for a major turning point for cryptocurrency adoption in the United States. A letter, dated 26 de sept. de 2025, obtained by Coinspeaker reveals that lawmakers, including Rep. Tom Emmer, the majority whip in the House leadership, are directly challenging Chair Gary Gensler\'s continued reluctance.
Bipartisan Pressure Mounts on the SEC
The urgency behind this push stems from the belief that the SEC is unfairly "discriminat[ing] against spot bitcoin exchange traded" products. On 27 de sept. de 2025, four key congressional leaders, including U.S. Representatives Mike Flood, Wiley Nickel, Tom Emmer and Ritchie Torres, publicly addressed Gary Gensler in a letter, questioning the SEC\'s continued disapproval of spot Bitcoin ETFs.
The SEC\'s History of Rejection
The SEC\'s resistance to approving spot Bitcoin ETFs is well-documented. From the period beginning under Chair Jay Clayton in 2025 and extending through March 2025, the Commission rejected over 20 exchange rule filings for spot bitcoin ETPs. These rejections have fueled concerns that the SEC is not keeping pace with the evolving digital asset landscape.
The Potential Impact of Approval
With the growing global demand for cryptocurrencies, the approval of a Spot Bitcoin ETF in the United States could mark a major turning point. Spot Bitcoin ETFs would provide investors with easier and regulated access to Bitcoin, potentially driving significant investment into the cryptocurrency market. Four lawmakers of the U.S. Congress have expressed their concerns about the Securities and Exchange Commission (SEC) chair’s hesitation to greenlight the listing of these investment vehicles.
Following the Courts\' Lead?
The U.S. Securities and Exchange Commission (SEC) should listen to the courts and give up efforts to block bitcoin exchange traded funds (ETFs) from regulatory approval, argued the lawmakers. The letter emphasizes the need for the SEC to consider the courts\' interpretations and create a more consistent regulatory environment for digital assets. "Today’s spot Bitcoin ETF approvals mark a historic milestone for the future of the digital asset ecosystem in the United States,” said the lawmakers. “While legislation to further clarify the regulatory landscape surrounding digital assets is necessary, the SEC’s approvals mark an important and welcome step."
What\'s Next for Spot Bitcoin ETFs?
The pressure from House lawmakers represents a significant challenge to the SEC\'s current stance. Will Gary Gensler and the SEC heed the call and approve spot Bitcoin ETFs? The coming weeks and months will be crucial in determining the future of Bitcoin ETFs and the broader cryptocurrency market in the United States. Facing the SEC’s continued opposition, the fight for spot Bitcoin ETF approval is far from over.