$SOL ETF dreams on hold? Just when we thought getting an Ethereum ETF was a win for crypto, JPMorgan is throwing some shade. Apparently, they don't think the SEC will approve ETFs for Solana or other tokens anytime soon. 😤🤬

Here's the deal: ✋️The SEC seems to think most cryptos are securities (fancy way of saying they're regulated like stocks). JPMorgan says approving an $ETH ETFs already pushes things, and approving Solana or others (where the SEC feels even stronger about the security classification) might be a bridge too far. 😖

Buuuut, there's a tiny glimmer of hope! If lawmakers decide most cryptos aren't securities after all, then the SEC might open the door for more ETFs. Until then, though, those Solana ETF dreams might have to wait. 🤷

What do you think? Is this a temporary roadblock or a sign of things to come? DYOR!! #SOL #ETH