Ethereum ETFs Face Rejection in May, Warns VanEck CEO Amid SEC Silence
TL;DR The community awaits responses regarding the approval of Ethereum ETFs in the US. Jan van Eck, CEO of VanEck, expressed skepticism about a positive outcome
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (dApps). It was created by Vitalik Buterin in 2013 as a way to expand the functionality of blockchain technology.
Ethereum’s native cryptocurrency, Ether (ETH), is used to pay for transaction fees and computational services on the network. Ethereum’s smart contract functionality allows developers to create self-executing contracts that can automate complex transactions and operations, such as the transfer of assets, voting systems, and more. Ethereum’s flexibility and community support have made it a popular choice for building decentralized applications and other blockchain-based projects.
TL;DR The community awaits responses regarding the approval of Ethereum ETFs in the US. Jan van Eck, CEO of VanEck, expressed skepticism about a positive outcome
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