JPMorgan’s Bitcoin Policy: As of May 2025, JPMorgan Chase, under CEO Jamie Dimon, has announced that the bank will allow clients to purchase Bitcoin through exchange-traded funds (ETFs) and include these holdings in client statements. However, the bank explicitly stated it will not provide custodial services for Bitcoin, meaning clients must hold their Bitcoin elsewhere.
Collateral for Loans: Some platforms outside of JPMorgan, such as those mentioned in general cryptocurrency discussions, allow users to use Bitcoin and other cryptocurrencies (e.g., ETH, SOL) as collateral for loans. For example, a source mentions services where users can “keep your crypto and get liquidity” by using BTC as collateral, but this is not specific to JPMorgan. There is no direct mention of JPMorgan offering Bitcoin as collateral for its own lending products.
JPMorgan’s Crypto Stance: Despite Jamie Dimon’s personal skepticism toward Bitcoin, citing concerns like its use in illicit activities, the bank has responded to client demand by facilitating Bitcoin purchases. This suggests a pragmatic approach but does not confirm that JPMorgan accepts Bitcoin as collateral. Additionally, JPMorgan has explored blockchain technology and tokenized assets, such as settling transactions on public blockchains, but this is distinct from using Bitcoin as collateral.#BlackRockETHPurchase #BinanceAlphaAlert #Write2Earn #JPMorganBitcoin #write2earn🌐💹
