Apr 11, 7:13 pm
Decrypt
JP Morgan Analysts Believe There Is a 50/50 Chance the SEC Rejects Spot Ethereum ETFs Next Month
JP Morgan analysts believe that the Securities and Exchange Commission (SEC) is just as likely to reject a spot Ethereum exchange-traded fund (ETF) as it is to approve it. Recent actions by the SEC against Ethereum-related entities have contributed to a pessimistic market sentiment regarding the approval of an Ethereum ETF. If the ETF is not approved by next month’s deadline, applicants may take action against the regulator.
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