JPMorgan to Let Clients Use Bitcoin and Ether as Collateral for Loans: Report

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Stephen Graves

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Mentions

People	Samuel Patt
Organizations	JPMorgan Chase & Co., BlackRock, BNY Mellon, Goldman Sachs, Morgan Stanley

Code	Name
US	🇺🇸United States

Target	Sentiment	Comment
CeFi	Bullish	JPMorgan's move to accept Bitcoin and Ether as collateral signifies growing institutional adoption of crypto assets.
BitcoinBTC	Bullish	Bitcoin's integration into traditional financial systems as collateral highlights its increasing acceptance.
EthereumETH	Bullish	Ethereum's use as collateral in JPMorgan's program underscores its utility and value in the financial sector.