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JP Morgan May Roll Out Its First Bitcoin Fund This Summer

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Mon, 26/04/2021 - 11:35
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JP Morgan May Roll Out Its First Bitcoin Fund This Summer
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Sources have told CoinDesk that the JP Morgan Chase banking giant spearheaded by Bitcoin critic Jamie Dimon may launch its first Bitcoin fund for wealthy clients as early as this summer.

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The custody provider for the BTC fund will be the institutional NYDIG platform. If JP Morgan accomplishes this, it will be the largest U.S.-based bank to start working with Bitcoin as an official asset.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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