JPMorgan Wants to Give Clients Loans Secured by Cryptocurrency

One of the largest banks in the United States, JPMorgan, wants to provide its clients with the opportunity to receive loans secured by digital assets. This was reported by Bloomberg, citing informed sources.

According to the bank's plan, shares of the Bitcoin ETF from BlackRock, the iShares Bitcoin Trust, will initially be accepted as collateral. In the future, the list of acceptable cryptocurrencies may be expanded to cover even more instruments. This initiative will affect both trading clients and users of wealth management services around the world - from private investors to representatives of the highest echelon of wealth.

The bank is thus taking a step towards meeting the demand for the integration of digital assets into the traditional financial system, despite its previous caution towards the crypto industry. In addition, JPMorgan will take cryptocurrency into account when assessing the overall liquidity of clients, considering it along with other valuable assets such as common stocks, luxury cars and works of art. This indicates a gradual change in the approach of the large banking sector to digital assets as a full-fledged element of the investment portfolio.

However, it is worth noting that the bank's CEO, Jamie Dimon, continues to maintain a wary attitude towards cryptocurrencies. He has repeatedly called Bitcoin a "tool for scammers" in the past and expressed doubts about its legitimacy as a financial instrument. In May 2025, at a meeting with investors, he said that the bank would still provide its clients with access to the crypto market if market conditions and user interest required it.