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JPMorgan expresses skepticism about the SEC approving Solana and other crypto ETFs due to concerns over the classification of most cryptocurrencies as securities. Managing director Nikolaos Panigirtzoglou doubts further approvals without legislative clarity.
#JPMorgan doubts the #SEC will approve spot #solana ETFs or other #crypto ETFs despite market optimism. https://t.co/emmhmDuS1G
SKEPTICAL OF SEC APPROVING SOLANA AND OTHER CRYPTO ETFS: JPMORGAN Nikolaos Panigirtzoglou, JPMorgan's managing director, said the SEC's view of most cryptocurrencies as securities makes further approvals unlikely. While the SEC's decision to approve Ethereum ETFs is already… https://t.co/vwGlSA7R9z
UPDATE: JP Morgan expresses skepticism about the SEC approving Solana and other crypto ETFs without legislative clarity. More details…↓ #ETFs #JPMorgan #Solana https://t.co/HaGxb5DXga
