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JPMorgan CEO Jamie Dimon announced the bank will offer Bitcoin to clients despite his personal skepticism. The Wall Street giant is expanding its crypto exposure through ETFs and blockchain infrastructure.
- JPMorgan will offer Bitcoin access to clients despite CEO Jamie Dimon's long-standing criticism of crypto as 'worthless' and a 'Ponzi scheme'.
- The bank holds $16.3 million in crypto ETFs including BlackRock's IBIT and Grayscale's GBTC, up from $1 million in late 2024.
- JPMorgan is advancing blockchain infrastructure, testing tokenized Treasury transactions and processing $2B daily via JPM Coin for settlements.
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