Crypto - Ethereum spot ETF unlikely to get US SEC approval before May says JP Morgan ...Middle East

A note from JP Morgan back on Friday expresses hesitancy on expecting an ETH approval in the next 3 months:we are sympathetic to the arguments favoring Ether’s classification as a commodity(but)we remain skeptical of the SEC reaching such a decision by MayExpectations for an ETH Spot ETF have risen since the U.S. Securities and Exchange Commission (SEC) gave approval for exchange-traded funds indexed to BTC spot prices. For the folks awaiting an ETH ETF the wait appears to be just a little longer. This article was written by Eamonn Sheridan at www.forexlive.com.

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