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@epictide7
So, JPMorgan Chase is now letting clients use crypto ETFs, like the Bitcoin trust from BlackRock, as collateral for loans. It's a big shift – they’re treating these ETFs more like regular investments like stocks. This is a significant expansion into the crypto space, happening as regulations seem to be loosening up. They've done this on a limited basis before, but now it's a more formal plan. More crypto products could be included down the road.
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