US EditionJPMorgan Plans to Let Clients Borrow Against Crypto ETFs
- In June 2025, JPMorgan revealed plans to permit its global clients to pledge digital asset holdings, such as exchange-traded funds tied to Bitcoin, as collateral for borrowing.
- This move follows the introduction and rapid growth of spot Bitcoin ETFs since January 2024 and reflects a shifting U.S. Regulatory environment favoring digital assets.
- The bank will begin with BlackRock's iShares Bitcoin Trust and will treat crypto holdings like stocks or art when assessing collateral across client segments.
- Bitcoin’s price reached a record $111,980 in May 2025, and JPMorgan CEO Jamie Dimon reiterated his skepticism, saying, "I'm not a fan of Bitcoin" but supports clients' rights to invest.
- This policy expansion marks a significant step for JPMorgan into crypto finance and might increase the use of digital assets in lending while serving varied client demands.
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Banking Giant JPMorgan Eyes Institutional Adoption With Crypto ETF Lending Program
JPMorgan’s acceptance of BlackRock’s IBIT as collateral signals a key milestone in traditional finance’s growing embrace of crypto-backed lending. Institutional involvement continues to reshape the crypto landscape, with Bitcoin’s role further solidified through expanding mainstream financial infrastructure. The banking giant, JPMorgan Chase is set to accept shares of BlackRock’s iShares Bitcoin Trust (IBIT) as collateral for loans. This marks a…
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