JPMorgan Chase: Even if the new Shanzhai coin ETF is approved, its influence will be limited
ChainCatcher reports, according to DL News, that a JPMorgan analyst wrote in an investor report on January 13th that aside from Bitcoin and Ethereum, there is limited interest in new ETFs, despite expectations that Trump will remove regulatory obstacles. The institution believes the investors' interest or demand is not enough to make these future altcoin ETP launches impact the cryptocurrency ecosystem.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: A total of 1.4293 million UNI were transferred to a certain exchange, worth approximately $7.89 million.
A dormant address containing 1,000 BTC has just been activated after 13.1 years.
All three major U.S. stock indexes closed slightly higher.
Data: Multiple tokens experience a surge followed by a pullback, BAT drops over 15%
Trending news
MoreCrypto prices
More
