JPMorgan may launch these crypto‑backed loans as soon as next year, the report said, citing people familiar with the matter.
The bank already allows clients to borrow against crypto ETFs, such as BlackRock’s iShares Bitcoin Trust.
JPMorgan is eyeing a major expansion into crypto-backed lending and is considering offering loans secured directly by clients’ cryptocurrency assets—including bitcoin
BTC$BTC and ether(ETH$ETH ), according to a report by theFinancial Times With the bullish crypto regulatory environment under the Trump administration, JPMorgan may launch these crypto‑backed loans as soon as next year, the report said, citing people familiar with the matter.
