Vaneck CEO Expects SEC to Reject Spot Ethereum ETF Application | Crypto | Ethereum | Bitcoin
Vaneck CEO Expects SEC to Reject Spot Ethereum ETF Applications in May
The U.S. Securities and Exchange Commission (SEC) faces a May deadline to decide on the approval of spot Ethereum exchange-traded funds (ETFs), including applications from asset managers Vaneck and Ark Invest led by Cathie Wood. Several spot bitcoin ETF issuers, including Blackrock, the world’s largest asset manager, and Fidelity, have also filed to launch a spot ether ETF.
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