Michaela
JPMorgan, the largest bank in the U.S. by assets, JPMorgan, the largest bank in the U.S. by assets, has reported plans to offer trading and wealth-management clients the option of using crypto-linked assets as collateral for loans, reportedly in some cases, the bank will look at crypto holdings when determining net worth, which may affect how much can be borrowed.
JPMorgan is preparing to roll out crypto-backed financing options in the coming weeks, starting with exchange-traded funds (ETFs) tied to Bitcoin, according to a June 4 report from Bloomberg. The initiative will initially focus on BlackRock’s iShares Bitcoin Trust—the largest U.S. spot Bitcoin ETF—holding $70.1 billion in assets under management, as reported by Sosovalue.com.
Additionally, JPMorgan will adjust how it evaluates client wealth by factoring in crypto holdings alongside traditional assets. The move means digital assets will now influence borrowing capacity, with the bank treating them more like conventional forms of collateral when determining loan eligibility.
In May, JPMorgan CEO Jamie Dimon announced that the bank would soon offer clients the ability to buy Bitcoin, even as he maintained a critical stance on the cryptocurrency. Dimon, who has long been skeptical of digital assets, likened investing in Bitcoin to smoking—something he personally disapproves of but accepts others may choose to do. “I don’t think you should smoke, but I defend your right to smoke. I defend your right to buy Bitcoin,” he stated.
President Donald Trump has been steadily easing regulations on banks and digital asset firms since his inauguration in January.
In April 2025, the Federal Reserve revoked previous guidance that had discouraged banking institutions from engaging in activities related to cryptocurrencies and stablecoins.
By May, the Office of the Comptroller of the Currency clarified that banks are permitted to manage crypto assets held in custody on behalf of clients. Around the same time, The Wall Street Journal revealed that several U.S. banks had begun preliminary discussions about launching a crypto-backed stablecoin.
The shift signals a growing embrace of digital assets within traditional finance, as institutions move to align with evolving investor demand and emerging technologies. As regulatory landscapes begin to adapt and legacy banks look to modernize their offerings, the line between conventional banking and the digital economy continues to blur—potentially reshaping how wealth is managed, collateral is calculated, and access to capital is defined in the years ahead.
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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.
