Bitcoin BTC remains stable at $70,000.

The recent news that the U.S. Securities and Exchange Commission (SEC) is investigating companies related to the Ethereum Foundation is consistent with the view of less than 50%. Possibility Approval of spot Ethereum (ETH) exchange traded fund (ETF) in May, JPMorgan (JPM) said in a research report Thursday: The bank has repeatedly stated that it is unlikely that these products will be approved next month, a position it first expressed in January. The SEC must make a final decision on some ETF applications by May 23. Regulators approved a spot Bitcoin (BTC) ETF in January, sparking speculation in some quarters that a version of ether, a token on the Ethereum blockchain, could follow. “If there is no spot Ethereum ETF approval in May, we assume there will be litigation against the SEC after May,” analysts led by Nikolaos Panigirtzoglou wrote.