JPMorgan is preparing to accept cryptocurrency-related assets as loan collateral, including Bitcoin exchange-traded funds. The bank will initially offer financing services for cryptocurrency ETFs, with the first involving BlackRock's iShares Bitcoin Trust. This initiative marks a significant expansion for JPMorgan in cryptocurrency-related business, coinciding with a generally loosening regulatory environment under the new U.S. administration. Previously, JPMorgan only accepted such collateral on a limited case-by-case basis. However, under the new plan, cryptocurrency ETFs will be treated more like traditional assets (such as stocks or real estate) when assessing a client's borrowing capacity. Reports also indicate that this plan, expected to launch in the coming weeks, may include more cryptocurrency investment products.