JPMorgan Chase: The probability that the SEC will classify ETH as a commodity before May is less than 50%
BlockBeats news, on January 13th, Morgan Stanley strategist Nikolaos Panigirtzoglou said in an interview with The Block that in order for the Securities and Exchange Commission (SEC) to approve the Ethereum ETF spot in May, Ethereum needs to be classified as a commodity (similar to Bitcoin) rather than a security. But this is far from certain, and he believes that the possibility of the SEC classifying Ethereum as a commodity before May will not exceed 50%.
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