JPMorgan issues a warning that legal action may follow if the SEC rejects the approval of Bitcoin ETFs

JPMorgan's analysts, with Nikolaos Panigirtzoglou at the helm, have drawn attention to the growing concerns surrounding Bitcoin ETFs. Notably, they have pointed out that if the United States Securities and Exchange Commission (SEC) declines applications for spot Bitcoin exchange-traded funds, it could potentially lead to legal actions initiated by the applicants. This scenario might result in further legal challenges for the SEC. KEEP READING