BitDegree
2024-04-10 06:25:48

VanEck CEO Anticipates Rejection of Ethereum ETF Applications in May

Key Takeaways VanEck CEO Jan van Eck predicts that the SEC is unlikely to approve spot Ethereum ETF applications in May. Industry leaders express pessimism due to prolonged inaction and lack of feedback from the SEC on pending Ethereum ETF applications. Despite uncertainties surrounding Ethereum ETFs, the market for Bitcoin ETFs demonstrates growth and investor interest.

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