JPMorgan Just Put Crypto ETFs on Its Balance Sheet—And Traditional Finance Will Never Be the Same

Wall Street's most notorious crypto skeptic just blinked. JPMorgan—the same bank that once called Bitcoin 'a fraud'—is now accepting crypto ETFs as loan collateral. The ultimate 'if you can't beat 'em, join 'em' pivot.

Why it matters: When the world's largest custodian bank starts treating crypto like any other asset class, the institutional floodgates open. Expect more banks to follow suit—right after they finish lobbying against it.

The fine print: This isn't about embracing decentralization. It's about capturing revenue streams as tokenization eats traditional finance. JPMorgan didn't survive 200 years by being idealistic.

Bottom line: The suits finally figured out what crypto natives knew all along—blockchain assets are just another way to package risk. Only difference? These ones trade 24/7 and can't be bailed out by the Fed.

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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.