JPMorgan to Accept Bitcoin as Collateral
JPMorgan Chase plans to allow institutional clients to use Bitcoin (BTC) and Ethereum (ETH) as collateral for loans by the end of 2025.
The new program will rely on a third-party custodian to safeguard pledged assets, enabling clients to borrow against their direct crypto holdings.
- The bank already allows crypto-linked exchange-traded funds (ETFs) as collateral.
- This expansion could make it easier for institutions to access liquidity without selling long-term digital asset positions.
The shift has gained traction among hedge funds and family offices, representing a broader acceptance of digital assets across the financial sector.
Author's summary: JPMorgan to accept Bitcoin as loan collateral by year-end.