VanEck CEO: SEC is likely to reject Ethereum ETF application
According to ChainCatcher news, investors have been watching the SEC and whether regulators will approve an Ethereum ETF before the end of May.
VanEck CEO Jan van Eck said he believes the SEC will likely reject the company’s Ethereum ETF application. Previously, the U.S. SEC postponed the original deadline for making a decision on the Ethereum ETF application in March.
“We were also the first in the U.S. to apply for an Ethereum ETF, and we and Ark Invest CEO Cathy Wood were probably the first to apply in May and were likely to be rejected,” Jan Van Eck said.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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