VanEck is skeptical about the possibility of the US SEC approving spot Ethereum ETFs in the short term

Van Eck CEO Jan Van Eck said during the Paris Blockchain Week in Paris, France, "We were also the first to apply for a spot Ethereum ETF in the United States, and we and Ark Invest CEO Cathy Wood were the first to queue up in May. I guess they might be rejected." When CNBC contacted Ark Invest, they did not immediately comment.