fundraising-title

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SEC Likely to Reject Spot Ether ETFs in May, Says Van Eck 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. Vaneck CEO Jan Van Eck told CNBC at the Paris Blockchain Week event Tuesday that he does not expect the SEC to approve spot ether ETF applications in May. He said: We were the first to file as well for ethereum in the U.S., and we and Ark, Cathie Wood, are kind of the first in line for May, I guess, to probably be rejected. “The way the legal process goes is the regulators will give you comments on your application, and that happened for weeks and weeks before the bitcoin ETFs, and right now, pins are dropping as far as Ethereum is concerned,” Van Eck added. The prospects for SEC approval of spot ether ETFs are facing increasing doubt. JPMorgan, for example, said last week that the SEC will likely approve spot ethereum ETFs after it rejects the applications in May and faces subsequent litigation, similar to what happened with the Grayscale Investments and Ripple legal battles last year. Coinshares CEO Jean-Marie Mognetti also expressed pessimism about the likelihood of such approval in the near future. He told CNBC on Tuesday: “We are observing the ethereum decision very, very closely.” Indicating that it may be difficult for a proof-of-stake protocol to gain SEC approval, he opined: I don’t see anything being approved this side of the year.

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50k in the past 24 hours. Don't be fooled by the position, the supply is being transferred in to sell

Market analysis of BTC/ETH on 2025.8.13 at 7:56 AM On this night, 2.8 billion CNY was plundered, 97,462 people went bankrupt to zero, BTC broke 120,000, ETH broke 4,500 and entered a new range of fluctuations, the main force has already taken action, the market has become this crazy, it just needs the market to catch fire again! BTC Attention Support 118000/116411 Pressure is temporarily set at 130800 At this moment, 119200 is tentatively set as the key point, focusing on gains and losses throughout the day! ETH attention Support 4100/3892 No pressure Today's key points are tentatively set at 4492/4729, with a focus on gains and losses! In terms of operation: just be bold and act when there is a pullback, if you miss it, wait another year who knows haha, keep the base position, keep the profits! Every operation must cherish the opportunity for the base position! #GT##ETH##BTC#