JPMorgan, the largest bank in the United States by assets, plans to offer trading and wealth-management clients the option of using crypto-linked assets as collateral for loans, according to a June 4 report from Bloomberg. The bank is set to allow financing against crypto exchange-traded funds (ETFs) in some weeks. JPMorgan will begin with BlackRock’s iShares Bitcoin Trust, which, according to Sosovalue.com, is the largest US spot Bitcoin (BTC) ETF with $70.1 billion in net assets. The bank will also consider clients’ crypto holdings when assessing net worth, treating digital…
Tag: ETFs
JPMorgan to Accept Bitcoin ETFs as Collateral Globally
JPMorgan is reportedly preparing to accept bitcoin ETFs as collateral for loans globally, signaling a groundbreaking shift toward crypto integration across institutional finance and wealth management. JPMorgan Greenlights Bitcoin ETFs for Global Loan Collateral More financial institutions are increasingly integrating bitcoin into their services—even JPMorgan Chase & Co., historically one of the most cautious on […] Original
JPMorgan to accept Bitcoin ETFs as collateral for loans
JPMorgan plans to woo wealthy customers with a new offering that allows them to access loans using spot Bitcoin exchange-traded funds as collateral. According to a Bloomberg report on June 4, the Wall Street giant is set to expand its financing options to include spot Bitcoin (BTC) ETFs. Simply put, the bank’s wealthy clients will be able to use their cryptocurrency ETFs as collateral when applying for loans. Per details in the report, this new service will apply to all of JPMorgan’s wealthy clients globally. Matthew Sigel, head of digital…
Bitcoin ETFs Roar Back After Three-Day Dip as Ether ETFs Extend Inflow Streak to Twelfth Day
Bitcoin ETFs rebounded from a three-day outflow streak, notching a $378 million inflow, led by ARKB and FBTC. Ether ETFs extended their bullish momentum with a twelfth consecutive day of inflows, totaling $109.43 million. Crypto ETFs See Over $487 Million Combined Inflows Investor optimism returned in full force as bitcoin exchange-traded funds (ETFs) returned from […] Original
$286 Million Outflows Hit Bitcoin ETFs While Ether ETFs Celebrate 11th Day of Gains
Bitcoin ETFs suffered a third consecutive day of outflows with $286 million in redemptions, primarily from Blackrock’s IBIT. In contrast, ether ETFs logged an 11th straight day of inflows, bringing in $78.17 million. Bitcoin ETFs See Third Straight Day of Outflows as Ether ETFs Extend Green Run The momentum that once fueled bitcoin exchange-traded funds […] Original
Bitcoin ETFs ended six-week inflow streak over macro jitters and BTC slump
Spot Bitcoin ETFs saw a notable shift in investor sentiment last week, as uncertainty surrounding Donald Trump’s trade policies and profit-taking led to a reversal in inflow trends. According to SoSoValue data, the 12 spot Bitcoin ETFs in the U.S. recorded $157.4 million in outflows over the past week from May 27-30, ending a six-week inflow streak that drew in over $9 billion into the funds. Among the funds hit hardest was ARK 21Shares’ ARKB, which saw $281.9 million pulled by investors. Fidelity’s FBTC wasn’t far behind, recording outflows of…
SEC backtracks on REX-Osprey staked ETFs
The United States Securities and Exchange Commission (SEC) responded to the effective registration amendment for Solana (SOL) and Ether (ETH) staked exchange-traded funds (ETFs) from ETF provider REX Financial and asset management firm Osprey Funds, raising concern that both investment vehicles do not qualify as ETFs due to their unique structures. According to a recent report from Bloomberg, the regulators say the c-corp business structure used in the funds, which is incredibly rare for ETFs, conflicts with the 6C-11 rule, colloquially known as “the ETF rule.” This regulation legally designates…
Bitcoin ETF Outflows Deepen With $616 Million Exit While Ether ETFs Ride 10-Day Inflow Wave
Bitcoin ETFs saw their 2nd consecutive day of outflows, shedding $616 million in capital, with Blackrock’s IBIT leading the retreat. Meanwhile, ether ETFs extended their winning streak to 10 days, fueled solely by Blackrock’s ETHA. Bitcoin ETFs Slide for Second Day As Blackrock’s IBIT Leads Withdrawals After 10 days of bullish momentum, bitcoin ETFs appear […] Original
ETH Price Recovery to $3,000 Soon Amid Staking Push for Ethereum ETFs
Key Notes As long as the ETH price defends the $2,468 level, it could pave the way for a rally to $3,900, according to Rekt Capital. SharpLink Gaming has filed with the SEC to raise $1 billion for acquiring Ethereum as part of its corporate treasury strategy. REXShares has filed a prospectus for Solana and Ethereum staking ETFs, signaling growing institutional interest. . Amid the broader market sell-off, the Ethereum (ETH) price has dropped to $2,500 recently, however, on-chain data and rising inflows into spot Ethereum ETFs show that a…
Bitcoin ETFs Soar as Investors Flee Gold Holdings
A strategic pivot among investors is becoming clear as capital shifts from traditional safe havens to digital alternatives. Over the past five weeks, U.S.-based bitcoin ETFs attracted more than $9 billion in inflows, predominantly led by Blackrock’s Ishares Bitcoin Trust (IBIT), while gold ETFs experienced over $2.8 billion in outflows. Analysts cite bitcoin’s rising appeal […] Original