Posted 4/5/2024, 6:30:00 PM
JPMorgan Sees Growing Odds of SEC Approving Ethereum ETFs This Year, Warns of Potential Litigation if Delayed
- JPMorgan optimistic about eventual SEC approval of spot Ethereum ETFs, sees potential for litigation if delayed beyond May
- Network decentralization concerns easing with declining share of staked ETH by Lido Finance
- JPMorgan draws comparisons to prior Grayscale litigation, sees potential for SEC defeat
- ETF approval could pave way for wider crypto adoption and regulatory clarity
- Sentiment not universally shared, with some analysts reducing confidence in near-term approval prospects
