November 22, 2024

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JPMorgan Anticipates SEC Approving Spot Ethereum ETFs After Litigation Process

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JPMorgan Anticipates SEC Approving Spot Ethereum ETFs After Litigation Process
JPMorgan Anticipates SEC Approving Spot Ethereum ETFs After Litigation ProcessGlobal investment bank JPMorgan anticipates that the U.S. Securities and Exchange Commission (SEC) will eventually approve spot ether exchange-traded funds (ETFs). However, the firm pegs the chance of approval in May at 50%, foreseeing a potential litigation process if an ether ETF application is rejected at that time. JPMorgan on Potential SEC Approval of Spot […]