From Yahoo Finance: 2025-06-04 15:09:00

JPMorgan Chase will soon allow trading and wealth-management clients to use certain crypto assets as collateral for loans, including spot bitcoin ETFs. Clients can also use BlackRock’s iShares Bitcoin Trust for financing and crypto holdings will be factored into net worth assessments, signaling a shift in traditional banking practices.

CEO Jamie Dimon’s recent announcement of allowing clients to buy bitcoin marks a turnaround from his previous criticism of digital assets for illegal activities. Despite concerns, JPMorgan’s move reflects the growing institutional demand for crypto exposure as the sector gains traction in traditional finance amid increasing client interest and regulatory developments.

Institutional pressure and client demand are pushing banks like JPMorgan to accommodate crypto assets in response to the industry’s rapid growth. With the potential easing of crypto regulations under the new U.S. administration, banks that historically avoided the asset class may face scrutiny for blocking access, potentially seen as discriminatory rather than cautious.



Read more at Yahoo Finance: JPMorgan to Accept Bitcoin ETFs as Loan Collateral in Expansion of Crypto Access: Bloomberg