JP Morgan: Chances of Ethereum spot ETF approval in May still less than 50%
Golden Finance reported that JPMorgan Chase (JPM) said in a research report on Thursday that the recent news that the U.S. Securities and Exchange Commission (SEC) is investigating companies related to the Ethereum Foundation, and spot Ethereum (ETH) exchanges The consensus is that there is no more than a 50% chance that exchange-traded funds (ETFs) will be approved in May.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
RootData: XION will unlock tokens worth approximately $22.13 million in one week
CryptoQuant CEO: Bitcoin On-Chain Indicators Show Bearish Signals, Future Upside May Depend on Macro Liquidity
Bitfury makes a strategic investment of $12 million in the decentralized AI computing network Gonka.ai
Trending news
MoreCrypto prices
More
