JPMorgan Chase is reportedly exploring offering crypto trading products, including spot and derivatives, to its institutional clients. š¦ This significant move reflects a notable shift, especially considering CEO Jamie Dimon's past skepticism towards Bitcoin.
This development aligns with broader trends across Wall Street. Firms like Morgan Stanley and Charles Schwab are also planning to introduce crypto trading services by 2026, as regulatory clarity in the space continues to improve. š
Despite current macroeconomic challenges keeping Bitcoin range-bound, JPMorgan analysts remain optimistic. They foresee potential for significant price growth for Bitcoin in the near future. š
