JiyaJan
07/13 13:14
JPMorgan to Accept Bitcoin ETFs as Collateral Glob
JPMorgan is reportedly preparing to accept bitcoin ETFs as collateral for loans globally, signaling a groundbreaking shift toward crypto integration across institutional finance and wealth management.
JPMorgan Greenlights Bitcoin ETFs for Global Loan Collateral
More financial institutions are increasingly integrating bitcoin into their services—even JPMorgan Chase & Co., historically one of the most cautious on crypto, is adapting. The bank is preparing to allow both trading and wealth-management clients to use cryptocurrency exchange-traded funds (ETFs) as collateral for loans, Bloomberg reported, citing people familiar with the matter. The change will begin with Blackrock’s Ishares Bitcoin Trust (IBIT) and marks a significant expansion of the bank’s existing collateral policies.
In some cases, JPMorgan will also take clients’ crypto holdings
#Claim1,200 USDT in the Monthly Creation Challenge#Do you think Tanssi is promising? #Trump family backs TRON's US listing#Do you think BULLA is promising?
LikeShare
All Comments0LatestHot
No records