JPMorgan Optimistic About Ether ETFs As 'Security'-Designation Fears Fade

The last month has been a tempestuous one for ethereum with price significantly down from the $4000-plus highs reached mid-March on the heels of various factors from SEC 'threats' to designate the currency as a security, prompting lowered expectations of an ether ETF coming anytime soon. This 'bad' news was offset by system upgrades that support the ecosystem's broader adoption and dominance.

Source: Bloomberg