Investment manager VanEck predicts revenue from these projects could reach $10.2 billion by 2030 – and a staggering $51 billion in a best-case scenario.
VanEck, ARK Investment Management and seven other issuers have filed with the SEC to list ETFs that would track the spot price of the world s second-largest cryptocurrency after bitcoin. The SEC must decide on VanEck s and ARK s filings, which are first in line, by May 23 and May 24 respectively.
The Securities and Exchange Commission said Wednesday that investment-management firm VanEck has agreed to pay $1.75 million in penalties for failing to.