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Nikolaos Panigirtzoglou, managing director and global market strategist at JPMorgan Chase, said ETFs for Solana and other assets were unlikely to be approved.

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JPMorgan Chase: Solana and other crypto ETFs are less likely to be approved

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JPMorgan Chase: Solana and other crypto ETFs are less likely to be approved

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Nikolaos Panigirtzoglou, managing director and global market strategist at JPMorgan Chase, said ETFs for Solana and other assets were unlikely to be approved.

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On May 27, Panigirtzoglou argued in a statement to The Block that the SEC's (Securities and Exchange Commission) recent decision to approve spot Ethereum ETFs was "already stretched."

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