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JPMorgan to Accept Spot Bitcoin ETFs as Loan Collateral for Wealth and Trading Clients

Jun 05, 2025, 11:40 p.m. ET

AsianFin -- JPMorgan Chase (JPM) is set to allow its trading and wealth-management clients to use select crypto-linked assets — including spot bitcoin exchange-traded funds (ETFs) — as collateral for loans, marking a significant step in Wall Street’s integration of digital assets.

According to a Bloomberg report on Wednesday citing sources familiar with the matter, the bank will begin offering financing backed by shares of BlackRock’s iShares Bitcoin Trust (IBIT) in the coming weeks. For certain clients, JPMorgan will also include crypto holdings in calculations of net worth and liquidity, treating them similarly to traditional securities such as stocks.

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