VanEck CEO skeptical about spot Ethereum ETF approval in May

VanEck CEO skeptical about spot Ethereum ETF approval in May
11 de abr. de 2024 · 4m 59s

VanEck CEO Jan van Eck has expressed doubt that the U.S. Securities and Exchange Commission (SEC) will approve spot Ethereum ETFs in May, suggesting that applications from firms like VanEck...

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VanEck CEO Jan van Eck has expressed doubt that the U.S. Securities and Exchange Commission (SEC) will approve spot Ethereum ETFs in May, suggesting that applications from firms like VanEck and ARK Invest might face rejection. Despite a lack of feedback from regulators and a general silence on the seven pending applications, the SEC has opened a three-week comment period for Ethereum ETF proposals from other companies. This development comes amid burgeoning investor interest in cryptocurrency, with Ethereum and other digital assets like BlockDAG and WAX making significant market trends. Meanwhile, spot Bitcoin ETFs have seen a mixture of outflows and inflows, reflecting shifting investor sentiment and the evolving landscape of cryptocurrency investment.

**Subtopics:**
- VanEck CEO's skepticism towards Ethereum ETF approval
- Regulatory silence and lack of feedback on Ethereum ETF applications
- Recent market trends in cryptocurrency, including Ethereum and BlockDAG
- Investor sentiment and activity concerning Bitcoin ETFs
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