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Breaking: JPMorgan To Offer Loans Backed By BlackRock’s Bitcoin ETF

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In a major development, top financial institution JPMorgan plans to begin offering loans to clients, with crypto ETFs serving as the collateral. The bank plans to start with the BlackRock Bitcoin ETF, IBIT, for this offering. JPMorgan To Accept BlackRock Bitcoin ETF As Collateral For Loans According to a Bloomberg report, the firm will start

The post Breaking: JPMorgan To Offer Loans Backed By BlackRock’s Bitcoin ETF appeared first on CoinGape.

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