According to Odaily Planet Daily, a research report from JPMorgan Chase pointed out that the probability of Ethereum spot ETF being approved in May is still no more than 50%. The report was written by Nikolaos Panigirtzoglou's analyst team, who said: "If the spot Ethereum ETF is not approved in May, then we expect there will be a lawsuit against the SEC after May. And the SEC will eventually lose the case."