JPMorgan Chase & Co. , the largest US bank, plans Allows customers to use Bitcoin ETF (BTC) as a loan guarantee.
Sources who initially spoke to Bloomberg’s agency said: ETF iShares Bitcoin Trust is managed by BlackRock for this service and It will be released “in the coming weeks.”
On top of that, jpmorgan will begin to take into account customer bitcoin holdings and digital assets The father’s management When assessing your heritage Total net and current assets. In this way, BTC receives treatment similar to, for example, a stock, automobile or real estate treatment.
As Cryptootics reported in mid-May, bank analysts are aware of the valuation potential that Bitcoin has and predicts it will offer better returns than Gold.