CryptoGlobe
2024-05-29 02:50:00

JPMorgan Doubts SEC Will Approve Spot Solana ETFs Amid Regulatory Concerns

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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