VanEck CEO: The SEC is likely to reject the Ethereum ETF application

ChainCatcher news, investors have been paying attention to whether the SEC and regulatory agencies will approve the Ethereum ETF before the end of May.

VanEck CEO Jan van Eck stated that he believes the SEC is very likely to 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.

Jan Van Eck said, "We are also the first company in the U.S. to apply for an Ethereum ETF, and we, along with Ark Invest CEO Cathy Wood, may be the first to apply in May, which could be rejected."