Jean-Marie Mognetti, CEO of CoinShares, expressed doubt about the SEC granting approval for a proof-of-stake coin like Ethereum, stating, "I don’t see anything being approved this side of the year."

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CoinShares CEO Jean-Marie Mognetti, also speaking to CNBC, shared his skepticism about gaining SEC approval for a proof-of-stake coin like Ethereum. "I don’t see anything being approved this side of the year," he noted.

CoinShares CEO Jean-Marie Mognetti was equally pessimistic, telling CNBC, “I don’t see anything being approved this side of the year.”

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Ethereum ETF approval uncertain amid SEC concerns