JPMorgan: 50% Chance of Ethereum ETF Approval in May, But SEC Investigation and Litigation Risks Loom
- JPMorgan predicts 50% chance of spot Ethereum ETF approval in May
- SEC investigation into Ethereum Foundation may affect ETF approval
- JPMorgan expects litigation against SEC if ETFs not approved
- Diminishing Ethereum staking concentration could help avoid security designation
- ETF approval could be major milestone for crypto market