JPMorgan : The possibility of a spot Ethereum ETF approval less than 50% five months ago.
2024/01/13 06:23
Bitget offers a variety of ways to buy or sell popular cryptocurrencies.Buy now!
A welcome pack worth 6200 USDT for new users!Sign up now!
According to The Block, Morgan Stanley analyst Nikolaos Panigirtzoglou stated that the SEC must classify ETH as non-securities before it can approve
Ethereum ETF spot in May.
"We believe that for the U.S. SEC to approve Ethereum ETF spot in May, it needs to classify Ethereum as a commodity (similar to
Bitcoin) rather than securities." "This is far from certain, and I think the possibility of the SEC classifying Ethereum as a commodity before May will not exceed 50%."
1
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
Gulf oil-producing countries lost about 1.51 billions dollars in energy revenue.
AIcoin•2026/03/13 11:08
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$72,297.66
+2.67%
Ethereum
ETH
$2,124.08
+2.69%
Tether USDt
USDT
$1
-0.00%
BNB
BNB
$666.44
+2.27%
XRP
XRP
$1.43
+2.81%
USDC
USDC
$1.0000
-0.00%
Solana
SOL
$90.19
+3.91%
TRON
TRX
$0.2887
-0.24%
Dogecoin
DOGE
$0.09951
+5.51%
Cardano
ADA
$0.2744
+4.49%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now