The heads of VanEck and CoinShares, the firms that submitted the initial applications for US Ethereum ETFs, express doubts about the SEC’s approval of their investment products.
In a recent interview with CNBC on Tuesday, Jan van Eck, the CEO of VanEck, shared his expectation that the VanEck Ethereum ETF may be denied approval by the SEC as early as May. This is the first potential decision month for these types of financial products.
After the SEC approved 11 Bitcoin ETFs in January, their outlook turned cautious, as expressed by CoinShares CEO Jean-Marie Mognetti, who predicts no Ethereum ETF approvals in 2023.
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2024-04-10 11:16