🏦 Urgent: JPMorgan to Offer Loans Backed by BlackRock Bitcoin ETF
Event:
JPMorgan announced that it will offer secured loans using shares of the BlackRock iShares Bitcoin Trust (IBIT) as collateral.
What it means:
• Bitcoin officially entering the traditional banking sector.
• Using ETF as a recognized banking asset.
• A significant step towards integrating traditional and decentralized finance (TradFi x DeFi).
#BitcoinETF #BlackRock #JPMorgan #CryptoFinance
