JPMorgan Plans to Let Clients Borrow Against Crypto ETFs
- JPMorgan announced in June 2025 that it will allow trading and wealth-management clients to borrow using cryptocurrency-linked assets as collateral globally.
- The decision follows regulatory shifts under the Trump administration and client demand for crypto exposure amid the rise of spot Bitcoin ETFs since January 2024.
- The bank will start with BlackRock's iShares Bitcoin Trust and include additional crypto ETFs over time, treating crypto holdings like stocks or art when assessing loan eligibility.
- Spot Bitcoin ETFs now manage $128 billion in assets, and Bitcoin's price reached a record $111,980 in May 2025, illustrating the growing scale of the crypto market.
- This move marks a formal expansion in JPMorgan's crypto-related financing and suggests broader institutional integration of digital assets despite CEO Jamie Dimon's skeptical stance on Bitcoin.
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43 Articles
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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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While JP Morgan’s CEO Jamie Dimon is notoriously a crypto skeptic, Bloomberg reported (citing sources) that the bank will begin accepting bitcoin ETFs as collateral for loans to wealthy clients, starting with BlackRock’s iShares Bitcoin Trust. Additionally, the bank will consider crypto holdings when assessing clients’ net worth and liquid assets. The collateral decision is […] The post Report: JP Morgan to accept Bitcoin ETF collateral despite …
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