If even JPMorgan is opening a pawn shop in the crypto space, are you still doubting that this ride has no fuel?!
Those Wall Street old money folks in suits from JPMorgan used to spit at the mention of Bitcoin; now they've surprisingly softened their stance—saying they're willing to accept our Bitcoin ETFs as collateral to lend us money.
What does this mean? It's like you take a game skin to the bank and exchange it for real cash to spend! Wow, this operation has put a layer of golden armor on the crypto space!
Brother Crow thought of something incredible:
Liquidity just exploded!
Previously, big holders had big pancake ETFs and could only sell coins to get cash; now it's great, they can directly use ETFs at Morgan to exchange for dollars! They can get money without selling coins—this is a real shot of adrenaline for the market! Just think, old Li has $1 billion in ETFs; selling coins used to crash the market; now he can use them as collateral to borrow $500 million and go all in, reducing selling pressure and increasing available capital. Isn’t that bullish?
Institutions can't be stopped from entering!
Brother Crow has said for a long time, BlackRock, Fidelity, these ETFs are not the end; they are the ticket to enter Wall Street! Now, with JPMorgan personally coming down to collect 'bonds', it’s like they’re shouting through a megaphone: 'Brothers, this thing can be used as hard currency!' Those pension funds and hedge funds on the sidelines aren’t they just going to jump in like crazy dogs?
So when you see Grayscale at a negative premium in the future, just laugh at those old antiques for not understanding the new play!
Price? Nail that floor down!
What’s the scariest thing about collateral? Fear of a crash and liquidation! If JPMorgan, the ancestor of risk control, is willing to take over, it shows they know the score: Bitcoin ETFs aren’t going to drop much! Why? If it really drops hard, a bunch of people will rush to add margin and have to buy coins like crazy, doesn’t that mean an invisible hand is supporting the market?
Miners and giant whales are laughing like pigs!
Brothers in mining used to beg for money during the bear market to pay the electricity bill; now? They exchange their held coins for ETFs, pledge them at Morgan, and dollars arrive instantly!
The giant whale is more comfortable, lying down and earning interest on the coins without having to move, and can borrow money to invest in new projects. This wave is truly money making money; the rich will always be rich!
Brother Crow is calculating the risks:
Don’t just get hyped! The 'pawn shop' is open, and the liquidation lines have been drawn! Those people at JPMorgan are sharp; they will definitely set the collateral ratio tightly.
If Bitcoin pulls a 'ankle chop', a chain liquidation could smash the market to pieces! At that point, don't talk about ETFs; even the king couldn't save it!
So, don’t recklessly use leverage; position management is your lifeline.
In a sector where JPMorgan dares to bet, have you secured the chips in your hands?
This wave of 'real fragrance' from traditional finance is just beginning; the next stop—Bitcoin ETFs in retirement accounts? Follow Brother Crow, in the next episode, I'll reveal how many billions Wall Street big shots can still funnel into the crypto space!
