Considering that JP Morgan was involved in the birth of ETH, it wouldn't surprise me if the SEC gives them a pass
I'm shocked! The shitcoins Solana, Polygon, Cardano and others are securities according to the US SEC.
BNB (BNB), Binance USD stablecoin (BUSD), Solana (SOL), Cardano (ADA), Polygon (MATIC), Filecoin (FIL), Cosmos Hub (ATOM), The Sandbox (SAND), Decentraland (MANA), Algorand (ALGO), Axie Infinity (AXS,) and Coti (COTI).
https://www.theblock.co/post/233174/solana-matic-cardano-others-securities-sec-binance-lawsuit
Discussion
Eth the mother of all shitcoins