All clients of the investment bank, including users of the Chase trading application, received the opportunity to invest in funds based on digital assets.
JPMorgan was the first of the largest American investment banks to provide clients with access to cryptocurrency funds, Business Insider reports .
According to the publication, financial advisers at JPMorgan have been able to offer their clients investments in four Grayscale funds (Bitcoin Trust, Bitcoin Cash Trust, Ethereum Trust and Ethereum Classic Trust, as well as in the Osprey Bitcoin Trust fund since July 19).
All JPMorgan clients, including users of the Chase trading app, clients managed by JPMorgan Advisors, and the ultra-rich, have been able to invest in crypto funds.
On July 21, it became known that most of the clients of the asset and capital management division of the investment bank JPMorgan began to view bitcoin as an asset class and want to invest in it.
In late May, JPMorgan CEO Jamie Dimon, speaking to the US House of Representatives Financial Services Committee, called for staying away from cryptocurrencies.
Daimon noted that this is his personal opinion and it will not affect JPMorgan’s work with digital assets in any way.
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