According to a research report by JPMorgan analysts, the U.S. Securities and Exchange Commission (SEC) is currently investigating companies associated with the Ethereum Foundation, and the likelihood of approval for the Ether (ETH) spot exchange-traded fund (ETF) in May is less than 50%. Analyst Nikolaos Panigirtzoglou stated, “If the Ethereum spot ETF does not get approved in May, we believe there will be a lawsuit against the SEC after May.”
JPMorgan believes that the most likely outcome is that the SEC will ultimately lose this lawsuit, similar to what happened in the Grayscale and Ripple cases, and the Ether spot ETF will eventually be approved.
Source: [link](https://www.coindesk.com/policy/2024/04/11/ether-spot-etfs-still-have-no-more-…)
