TLDR Crypto · MARKETS & BUSINESS

ETHEREUM ETF HOPES FADE AS SEC'S CRYPTO CRACKDOWN DASHES APPROVAL EXPECTATIONS

decrypt.co3 min read

Summary from the TLDR Crypto newsletter

Optimism about the Ethereum ETFs being approved in May has decreased as experts continue to share their opinions. VanEck CEO Jan van Eck stated that he believes the company's ETF application will be rejected in May and CoinShares CEO Jean-Marie Mognetti said he does not think any Proof-of-Stake coins will be approved this year.