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JPMorgan casts doubt on SEC approval for Solana and other cryp | 🔸️ Bitcoin News

JPMorgan casts doubt on SEC approval for Solana and other crypto ETFs

JPMorgan is skeptical about the United States Securities and Exchange Commission approving Solana and other crypto exchange-traded funds now that Ethereum ETFs have been approved. Nikolaos Panigirtzoglou, managing director and global market strategist at JPMorgan, told The Block that the investment bank doubts the SEC will approve such funds given its stance that most cryptocurrencies are securities.

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