JPMorgan May Begin Accepting Bitcoin ETFs as Loan Collateral, Signaling Potential Shift in Traditional Finance 🏦
JPMorgan Chase has made a groundbreaking move by allowing cryptocurrency ETFs to be used as collateral for loans, highlighting a noteworthy shift in the traditional financial landscape. The initiative begins with BlackRock's iShares Bitcoin Trust, reflecting JPMorgan's strategic vision of enhancing borrowing capacity for its clients.
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