According to Odaily Planet Daily, VanEck CEO Jan van Eck predicted that the U.S. Securities and Exchange Commission (SEC) may reject the company's Ethereum ETF application. Previously, the SEC postponed the original deadline for making a decision on the Ethereum ETF application in March. Jan Van Eck said: "We are the first company in the United States to apply for an Ethereum spot ETF. I guess we and Ark Invest CEO Cathie Wood may be the first applicants to be rejected in May."