As the SEC decision date on spot Ether ETF approval nears, market experts are divided. FalconX's David Lawant and Purvi Maniar remain hopeful about approval within 12-18 months, despite market skepticism. This contrasts with JPMorgan's cautious 50% approval probability, warning of potential litigation if denied. đïžđ
JPMorgan doubts immediate approval, citing potential legal challenges against the SEC and ongoing investigations. Decentralization trends in Ethereum staking could also influence the SEC's decision. đ§đ
FalconX, however, sees approval as a matter of 'when, not if'. They cite previous crypto ETF approvals as a regulatory precedent, and believe growing institutional interest in Ethereum could sway the SEC favorably. đđ
Despite mixed market reactions and potential regulatory complexities, the long-term trajectory for Ether ETFs in the U.S. appears positive. As the deadline approaches, stakeholders remain hopeful yet prepared. đ đź #EtherETF #SEC #CryptoNews