Doubt Cast Over Approval of Ether ETF by SEC

  • 📰 nbcsandiego
  • ⏱ Reading Time:
  • 25 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 51%

Finance News

SEC,Ether ETF,Approval

Issuers of spot bitcoin exchange-traded funds express doubt over the SEC's approval of an ether ETF, with VanEck CEO Jan van Eck stating that he believes the application will be rejected.

Investors have been keeping an eye on the SEC and whether the regulator will approve the ether ETF by late May.

VanEck CEO Jan van Eck said that he thinks the SEC will most likely reject the firm's ether ETF application. The regulator has a late-May deadline to conclude its review on an ether ETF. That comes after the SEC in March delayed its original deadline for a decision on the ether ETF application.to Fidelity and VanEck, which issued spot bitcoin ETFs this year, have been waiting for approval for an ether product."We were the first to file as well for Ethereum in the U.S.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 524. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Doubt Cast on Approval of Ether ETF by SECIssuers of spot bitcoin exchange-traded funds express uncertainty over the approval of an ether ETF by the U.S. Securities and Exchange Commission (SEC). VanEck CEO predicts rejection of the firm's ether ETF application.
Source: CNBC - 🏆 12. / 72 Read more »

Spot Ethereum ETF approval has 'no positive signs,' says ETF expertBloomberg Senior ETF Analyst Eric Balchunas believes that the odds of an ether ETF garnering approval are 'a very pessimistic 25%.'
Source: TheBlock__ - 🏆 464. / 53 Read more »

Grayscale CLO believes spot ether ETFs 'should be approved'Craig Salm believes a highly anticipated spot ether ETF 'should be approved,' citing bitcoin ETF similarities.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Spot Ethereum ETF: Grayscale optimistic despite SEC's silenceEthereum (ETH) price may experience volatility in the coming weeks as industry insiders provide their predictions for the SEC's approval of a spot Ethereum ETF.
Source: FXStreetNews - 🏆 14. / 72 Read more »

What Will Happen to ETH’s Price if the SEC Rejects All Spot Ethereum ETF Applications?Crypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »