JPMorgan to Let Private Wealth Clients Invest in Bitcoin Fund
Apr 26 2021 · 15:35 UTC | Updated
2 hours ago
Photo: Depositphotos
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The new move by JPMorgan represents a turnaround for the investment bank as its CEO Jamie Dimon previously called Bitcoin a dangerous fraud.
Investment banking company JPMorgan Chase & Co (NYSE: JPM) is rolling out a Bitcoin Fund for clients. Upon a successful rollout, JPMorgan will become the first and largest bank in the US to offer such a service. Now, JPMorgan has cryptocurrency as an asset class, and customers can now invest in the digital asset.