A color adjustable fish attracting lamp includes a base and a light emitting diode board disposed at one side of the base. The LED board includes a base board, and a plurality of first light emitting members and second light emitting members. The first light emitting members and second light emitting members produce different lights of different wavelengths, and are capable of being turned on simultaneously or independently so as to produce lights of different wavelengths to attract different fishes. The first and second light emitting members are disposed on the base of the lamp and capable of producing lights of different wavelengths so as to attract different fishes.
