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JP Morgan: Chances of Ethereum spot ETF approval in May still less than 50%

JP Morgan: Chances of Ethereum spot ETF approval in May still less than 50%

2024/04/11 14:18

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.

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