![JPMorgan Expects SEC to Approve Spot Ethereum ETFs After Litigation Process](https://i0.wp.com/static.news.bitcoin.com/wp-content/uploads/2024/04/jpmorgan-eth-etf-768x432.jpg?resize=640%2C360&ssl=1)
Global investment bank JPMorgan anticipates that the U.S. Securities and Exchange Commission (SEC) will eventually approve spot ether exchange-traded funds (ETFs). However, the firm pegs the chance of approval in May at 50%, foreseeing a potential litigation process if an ether ETF application is rejected at that time. JPMorgan on Potential SEC Approval of Spot […]