Key Notes

JPMorgan will reportedly let institutional clients use Bitcoin and Ether as loan collateral.

The bank aims to launch the program by year-end.

The program will leverage a third-party custodian to secure assets and ensure compliance.

JPMorgan Chase, the largest bank in the United States, is preparing to allow institutional clients to use Bitcoin BTC $111 320 24h volatility: 2.0% Market cap: $2.22 T Vol. 24h: $53.10 B and Ethereum ETH $3 964 24h volatility: 3.0% Market cap: $478.56 B Vol. 24h: $35.02 B as collateral for loans . The bank aims to launch the initiative by the end of 2025.

The program will use a third-party custodian to safeguard crypto assets, according to people familiar with the matter. The offering w

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