🚀🇹🇷 JPMorgan stated that it may face legal consequences if the SEC rejects spot Bitcoin ETF applications! This could further complicate legal issues for the already troubled SEC. 😂
However, while the SEC is unlikely to reject these applications, it is still possible. The JPMorgan analyst added that the SEC will want to avoid further legal battles over this controversial issue. 📈
On the other hand, Bitcoin has seen an increase of nearly 20% in the last seven days. According to JPMorgan analysts, this increase appears to be related to retail investments rather than institutional demand. 💼
As a result, attention on the SEC's upcoming decisions on spot Bitcoin ETFs is intensifying, combined with the regulatory landscape and market dynamics. We look forward to hearing your comments and thoughts! 🗣️
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