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Home web3.0 JPMorgan Chase & Co. Expands Lending to Include Bitcoin and Other Cryptocurrencies

JPMorgan Chase & Co. Expands Lending to Include Bitcoin and Other Cryptocurrencies

Jun 05, 2025 am 10:38 AM

The decision applies globally across both retail and institutional segments and reflects the bank's growing acceptance of regulated crypto exposure in mainstream finance.

JPMorgan Chase & Co. Expands Lending to Include Bitcoin and Other Cryptocurrencies

Raking in the dough from clients' crypto ETF holdings will now factor into minimum net worth and liquidity requirements for JPMorgan lending activity, according to a report from Bloomberg.

This decision, which applies globally across both retail and institutional segments, reflects the bank's ongoing efforts to integrate digital assets into its offerings and capitalize on the burgeoning institutional demand for crypto exposure.

Currently, JPMorgan does not provide custody or execution services for crypto ETFs, but the move to include such investments in lending eligibility aligns with broader industry trends identified in PYMNTS' latest coverage on how banks are rolling out new forms of crypto products and services.

While the firm's lending policies typically take into account clients' stock and real estate portfolios, this adjustment marks a significant step as it expands the scope of eligible assets to encompass crypto ETFs, placing them on par with traditional investment vehicles.

This development follows a broader shift in regulatory tone and actions, which has paved the way for new types of crypto ETFs to be approved and quickly gain popularity.

Spot bitcoin ETFs, which were greenlit in January, now collectively manage over $128 billion in assets, rendering them among the most successful ETF launches in U.S. history.

Moreover, the change underscores a sharp pivot for JPMorgan and its CEO, Jamie Dimon, who has personally expressed skepticism towards bitcoin but recently announced plans to offer clients direct access to the cryptocurrency.

During JPMorgan's investor day in May, Dimon stated that while he personally prefers not to smoke, he defends the right of others to do so, tying it to his view on bitcoin investing.

"I don't think we should smoke, but I defend your right to smoke. I defend your right to buy bitcoin. Go at it," he said.

However, despite his personal preference, Dimon acknowledged the growing importance of offering clients the flexibility to invest in the assets they choose, especially as regulatory frameworks continue to evolve and expand in the digital asset domain.

News data source: kdj.com

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