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JPMorgan Doubts SEC Will Approve Spot Solana ETFs Amid Regulatory Concerns

JPMorgan Doubts SEC Will Approve Spot Solana ETFs Amid Regulatory Concerns


CryptoGlobe
2024-05-29 02:50:00

Wall Street giant JPMorgan Chase has expressed skepticism about the potential approval by the U.S. Securities and Exchange Commission (SEC) of a spot Solana ($SOL) exchange-traded fund (ETF), or on the approval of such a fund offering exposure to other altcoins. JPMorgan’s managing director and global marketing strategist Nikolaos Panigirtzoglou noted that the SEC’s historical


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