JPMorgan Just Opened the Floodgates—Now You Can Borrow Against Your BlackRock Bitcoin ETF

Wall Street's love affair with crypto takes a daring new turn as JPMorgan—once a Bitcoin skeptic—greenlights loans collateralized by BlackRock's spot BTC ETF. The irony isn't lost on anyone.

Banking meets hodling

Forget pawn shops or shady DeFi protocols. The big boys are now letting you leverage your ETF holdings like a traditional stock portfolio. Liquidity without selling? Classic banker move—finding a way to profit whether BTC moons or tanks.

The fine print you won't read

Terms remain undisclosed, but expect hair-raising margin calls if volatility strikes. After all, what's a crypto product without a little existential risk? Just don't default—Jamie Dimon's lawyers cost more than your entire bag.

This is either mainstream adoption's watershed moment or the setup for the most expensive 'I told you so' in finance history. Place your bets.