JPMorgan to Accept Bitcoin as Collateral by Year-End
According to a Bloomberg report, 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 shift could make it easier for institutions to access liquidity without selling long-term digital asset positions — a use case that has gained traction among hedge funds and family offices.
This development represents a broader acceptance of digital assets across the financial sector, as JPMorgan Chase already allows crypto-linked exchange-traded funds (ETFs) as collateral.
Author's summary: JPMorgan to accept Bitcoin as loan collateral by 2025.
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