SEC Likely to Reject Ethereum ETFs, Says VanEck CEO
VanEck CEO Jan van Eck believes that the US Securities and Exchange Commission (SEC) will reject applications for Ethereum (ETH) exchange-traded funds (ETFs). SEC’s Stance on ETH ETFs In March, the SEC announced a 60-day delay in its decision on ETH ETFs. The agency cited the need for more time to consider the proposal. Industry…