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JPMorgan Believe Spot Ethereum ETF Will Eventually Be Approved

Mary Liu

Summary: According to The Block, Nikolaos Panigirtzoglou, managing director and global market strategist at JPMorgan Chase, said that if the Ethereum ETF spot is not approved in May, litigation proceedings are expected to follow, SEC is likely to lose the lawsuit ( Similar to the legal battle between Grayscale and Ripple last year), this means that ...

According to The Block, Nikolaos Panigirtzoglou, managing director and global market strategist at JPMorgan Chase, said that if the Ethereum ETF spot is not approved in May, litigation proceedings are expected to follow, SEC is likely to lose the lawsuit ( Similar to the legal battle between Grayscale and Ripple last year), this means that the SEC will finally approve a spot Ethereum ETF.

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