JPMorgan & Chase plans to expand some of its crypto offerings for trading and wealth-management clients as the United States regulatory environment warms to digital assets, Bloomberg reported, citing anonymous sources.
The bank intends to let its clients use cryptocurrency assets as loan collateral for certain cryptocurrency exchange-traded funds (ETFs), including BlackRock’s iShares Bitcoin Trust (IBIT). Previously, clients could only do so on a case-by-case basis. JPMorgan will also include a wealth-management client’s crypto holdings when assessing their total net worth and liquid assets when determining the amount a client can borrow against their assets, according to the report.
The Block reached out to JPMorgan for confirmation and comment.
The expanded offerings for trading and wealth-management clients join other crypto-focused services JPMorgan plans to roll out this year. Just last month, crypto critic and JPMorgan CEO Jamie Dimon said the firm will allow its customers to buy bitcoin, although the bank won’t custody the asset.
Beyond client offerings, the firm is helping other businesses broaden their reach in the crypto industry. In May, the stablecoin issuer Circle tapped JPMorgan to assist with its long-awaited initial public offering, as previously reported by The Block.
BlackRock’s IBIT is the largest spot bitcoin ETF with $69 billion in assets under management. Initially approved in January 2024 alongside 10 other funds, The Block’s Data Dashboard indicates that IBIT now holds approximately 78% of the total spot bitcoin ETF market share.
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Trade Crypto On Coinhub Exchange
Trade Crypto On Coinhub Exchange
Stay ahead of the market by turning news insights into trading opportunities. With Coinhub Exchange, you can seamlessly buy, sell, and manage your digital assets, all in one secure platform. Take advantage of real-time market insights, deep liquidity, and fast execution for your favorite cryptocurrencies. Don’t just read about it — trade crypto now!
Disclaimer
The content of this article shown by Coinhub News, powered by The Block, is for informational purposes only and should not be construed as financial, legal, tax, or investment advice. Coinhub News and its affiliates are not a licensed financial advisor, legal advisor, broker, or tax advisor, and ... should not be considered as professional advice or a recommendation to engage in any specific investment, legal decision, or financial transaction. Cryptocurrency markets are highly speculative and volatile. Readers should perform their own independent research and consult with a qualified professional before making any financial or legal decisions. The opinions expressed in this article are those of the author and do not necessarily represent the views or opinions of the Company of its affiliates. Additionally, the Company does not make any representations or warranties regarding the accuracy, timeliness, reliability, or completeness of any information in this article. By accessing this content, you acknowledge that any reliance on the information contained in this article is solely at your own risk. The Company is not responsible for any financial losses, legal disputes, or other damages that may arise from reliance on this content or from any investment or legal decisions based on the information provided. Investing in cryptocurrencies involves substantial risks, including the risk of losing your entire investment, and you should carefully consider whether it is appropriate for your circumstances.
Read more
