🏦 Wall Street starts to accept Bitcoin as collateral
JPMorgan will allow its clients to use Bitcoin ETFs, such as BlackRock's, as collateral to access loans. Additionally, it will include these assets when calculating each client's net worth. Meanwhile, firms like Cantor Fitzgerald are already offering loans directly backed by BTC, without the need to sell them.
📈 Bitcoin is consolidating as a legitimate financial asset within the traditional system. It is no longer just an investment: it now also serves as institutional collateral.
🔸 Other firms like Cantor Fitzgerald are already offering loans directly backed by Bitcoin, strengthening this trend.