JPMorgan Chase is exploring offering crypto trading products, including spot and derivatives, to institutional clients. This represents a significant shift, especially given CEO Jamie Dimon's previous skepticism towards Bitcoin. 🔄
This move aligns with a broader trend across Wall Street. Firms like Morgan Stanley and Charles Schwab also plan to introduce crypto trading services by 2026, driven by improving regulatory clarity. 📈
Despite current macroeconomic challenges keeping Bitcoin range-bound, JPMorgan analysts foresee potential for significant price growth in the near future. 🚀
