Apr 9, 2024

VanEck CEO Jan van Eck discusses the disclosure documents the firm received before the SEC's approval of the spot bitcoin ETFs and whether he thinks the SEC will green-light the ether ETFs in May.

Video transcript

When the SEC is gonna approve uh a perspective and that's one is they start giving you comments on it. So the Bitcoin ETF S really started moving in my mind when they called us and said, oh, here are our comments. Well, we filed uh filed uh for that before approval. We filed our S one and we haven't heard anything. So that's, uh that's kind of a sign. It won't happen without getting, uh you know, the disclosure documents in order. So we'll see, you know, with each, you also have the tax issue around whether staking is gonna be possible, what whether staking is possible at all and then what the tax implications are that, are that if they're available in the legal structure of an et? Well, it's like a 33 Act ETF.

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