SEC to eventually approve spot Ethereum ETFs, says JPMorgan J | 🔸️Ethereum | Bitcoin & Altcoin News
SEC to eventually approve spot Ethereum ETFs, says JPMorgan
JPMorgan remains optimistic about the Securities and Exchange Commission's eventual approval of spot Ethereum exchange-traded funds despite earlier this year assigning not more than a 50% chance for approval by May, the initial deadline. "If there is no spot Ethereum ETF approval in May, then we assume there is going to be a litigation process after May," Nikolaos Panigirtzoglou, managing director and global market strategist at JPMorgan, told The Block.
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