JPMorgan sets new rules for Bitcoin ETF loans

JPMorgan will start accepting Bitcoin exchange-traded funds (ETFs) as collateral for loans, signalling a growing institutional embrace of digital assets. The bank will include crypto holdings alongside equities and fine art when assessing clients’ net worth and assets.

The initial programme will include BlackRock’s iShares Bitcoin Trust and be available globally to trading and wealth-management clients soon. JPMorgan’s new policy formalises earlier practices and is expected to expand to include other Bitcoin ETFs over time.

The move reflects a broader shift in the US regulatory landscape, with President Donald Trump’s administration supporting pro-crypto policies that encourage greater bank involvement.

Despite CEO Jamie Dimon’s personal scepticism towards Bitcoin, the bank remains committed to serving clients interested in digital asset exposure.

As crypto investment products gain traction among retail and high-net-worth investors, JPMorgan’s new approach highlights the increasing convergence of traditional finance and digital markets.

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