JPMorgan Plans to Offer Clients Financing Against Crypto ETFs

（JPMorgan Plans to Offer Clients Financing Against Crypto ETFs）

​​Summary by Bloomberg AI

（Summary by Bloomberg AI）

​​Collateral Expansion Policy​​

JPMorgan Chase & Co. will allow trading and wealth-management clients to use cryptocurrency-linked assets as collateral for loans, starting with BlackRock's iShares Bitcoin Trust.

（JPMorgan Chase & Co. will allow trading and wealth-management clients to use cryptocurrency-linked assets as collateral for loans, starting with BlackRock's iShares Bitcoin Trust.）

​​Net Worth Assessment Rule Adjustment​​

The bank will also consider clients' crypto holdings when assessing their overall net worth and liquid assets, similar to stocks, cars, or art.

（The bank will also consider clients' crypto holdings when assessing their overall net worth and liquid assets, similar to stocks, cars, or art.）

​​Global Applicability and Policy Motivation​​

The changes will apply to all of the bank's clients globally, spanning multiple levels of wealth, and come as big banks respond to client demand and a more favorable regulatory environment.

（The changes will apply to all of the bank's clients globally, spanning multiple levels of wealth, and come as big banks respond to client demand and a more favorable regulatory environment.）