JPMorgan: SEC's Wells Notice to Robinhood Won't Prevent Final Approval of Spot Ethereum ETF
Morgan Stanley analysts say that the recent Wells notice issued by the US Securities and Exchange Commission to Robinhood Crypto is unlikely to prevent the final approval of the Ethereum ETF. The SEC may ultimately establish a new intermediate category for Ethereum, which is neither classified as a commodity nor a security.
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.
You may also like
A whale once again increased its holdings by 75.8 BTC, equivalent to about 6.94 million US dollars
100 Bitcoins were transferred out of MtGox-related wallet addresses, worth about $9.1 million
TON falls below $5.5
Trending news
MoreCrypto prices
More
