From Yahoo Finance: 2025-06-05 17:45:00

JPMorgan Chase is now accepting cryptocurrency investments, including BlackRock’s iShares Bitcoin Trust (IBIT), as collateral for loans, signaling mainstream acceptance of Bitcoin. This move by the largest U.S. bank allows clients to use crypto assets to back loans, treating them equally with traditional assets for credit evaluation.

The decision by JPMorgan to embrace Bitcoin assets represents a significant shift, as the bank has previously shown skepticism towards cryptocurrencies. This move underscores the growing demand for Bitcoin as a mainstream asset class and highlights its increasing legitimacy in the financial world.

Investors are flocking to IBIT, the world’s largest crypto ETF, with $70 billion in assets and rapid growth since its launch in 2024. The fund has seen $11.2 billion in net inflows and a 12% market gain in 2025, making it one of the top 25 largest U.S. ETFs.

President Donald Trump’s support for crypto, along with plans for a Bitcoin-linked ETF by Trump Media & Technology Group Corp., have raised ethical concerns. Despite this, the mainstream acceptance of Bitcoin is growing, with the asset now being treated like any other equity or stock, strengthening its position in portfolios.

The move by JPMorgan to allow crypto as collateral for loans is seen as a significant step towards legitimizing Bitcoin and other cryptocurrencies. This decision highlights the increasing acceptance of digital assets in traditional financial institutions, marking a pivotal moment in the evolution of the cryptocurrency market.



Read more at Yahoo Finance: JPMorgan Said to Allow IBIT as Collateral, Boosting Crypto