Odaily Planet Daily News JPMorgan Chase (JPM) said that the Wells Notice issued by the U.S. Securities and Exchange Commission (SEC) to the trading platform Robinhood (HOOD) should not be an obstacle to the final approval of the spot Ethereum ETF. JPMorgan Chase said that the legal action taken by the SEC against cryptocurrency exchanges appears to be an attempt by the agency to influence U.S. policymakers and lawmakers who will be responsible for passing cryptocurrency market regulations at some point. If the SEC refuses to approve the spot Ethereum ETF, it may face legal challenges and ultimately fail. (CoinDesk)