#JPMorgan

🚨 BREAKING: JPMorgan considers offering Bitcoin & Ethereum-backed loans in a major crypto U-turn! 🏦💸

According to the Financial Times, the banking giant is exploring letting clients borrow cash directly against $BTC and $ETH , not just crypto ETFs. This could give JPMorgan a competitive edge over rivals like Goldman Sachs.

If implemented, this move marks a shift from CEO Jamie Dimon’s past criticism of crypto. A third-party custodian would likely handle the loans.