JPMORGAN TO ACCEPT BITCOIN ETFS AS LOAN COLLATERAL
Saylo said it quite accurately $BTC can be used as collateral, JPMorgan's actions are changing too quickly, from wanting to ban Bitcoin, now they are also starting to FOMO, while Standard Chartered and Morgan Stanley are adopting similar approaches, offering crypto trading and investment options.
JPMorgan’s new policy will allow its trading and wealth management clients worldwide to leverage IBIT and, later, other crypto ETFs as collateral for loans