VanEck CEO: SEC is likely to reject Ethereum ETF application

Investors have been paying attention to whether the SEC and regulatory agencies will approve the Ethereum ETF before the end of May.Jan van Eck, CEO of VanEck, said he believes the SEC is likely to reject the company's Ethereum ETF application. Previously, the US 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 United States to apply for an Ethereum ETF. We and Ark Invest CEO Cathy Wood may be the first to apply in May and may be rejected."