May 3, 2024

JPMorgan clients will be able to invest in crypto funds

JPMorgan clients will be able to invest in crypto funds

The largest American investment bank JPMorgan will allow wealthy clients to invest in cryptocurrencies.

According to Business Insider, the richJPMorgan retail clients (no minimum deposit amount specified) can now invest in cryptocurrency funds. Bank clients will have the opportunity to make money on the volatility of digital currencies with the help of their financial advisors or trading application. 

JPMorgan has opened access to Grayscale Investments’ Bitcoin Trust (GBTC), Bitcoin Cash Trust (BCHG), Ethereum Trust (ETHE), and Ethereum Classic Trust (ETCG). 

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Based on materialscointelegraph.com