SEC cold-shoulders Ethereum ETF applicants in meetings, dashing hopes of May approval

The US SEC is expected to reject several applications for exchange-traded funds (ETFs) based on Ethereum, the world’s second-largest cryptocurrency, Reuters reported on April 25, citing industry insiders. The decision, anticipated in May, follows recent discouraging interactions between ETF issuers and the SEC. Firms such as VanEck and ARK …

This post was published at CryptoSlate