JPMorgan Chase is optimistic about the U.S. Securities and Exchange Commission's final approval of the spot Ethereum ETF. Nikolaos Panigirtzoglou, managing director and global market strategist at JPMorgan Chase, said that if the Ethereum ETF spot is not approved in May, there will be litigation procedures afterwards. The most likely scenario is that the U.S. SEC loses the lawsuit, similar to the legal battle between Grayscale and Ripple last year, which will then push it to approve the spot Ethereum ETF. (TheBlock)