In March 2026, JPMorgan Chase launched a program allowing institutional clients to pledge Bitcoin and Ethereum as collateral for U.S. dollar loans via its Kinexys platform, with custodians like Fidelity and Coinbase holding the assets. This marks a major shift from CEO Jamie Dimon's past skepticism, treating crypto like traditional assets with haircuts of 30-50% reflecting volatility. The move paves the way for broader adoption by other major banks and introduces new liquidity and risk dynamics in crypto markets. The next year will reveal if this is a lasting change or a temporary experiment, with competitor adoption, haircut adjustments, and stress tests as key indicators.
JPMorgan now accepts Bitcoin and Ethereum as co...
In March 2026, JPMorgan Chase launched a program allowing institutional clients to pledge Bitcoin and Ethereum as collateral for U.S. dollar loans via its Kinexys platform, with custodians like Fidelity and Coinbase holding the assets.…

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External ReportingBitcoin falls below $60K as retail traders exit and ETFs see $6.4B outflows amid Fed hawkishness and tech rotation.External ReportingBlackRock: Bitcoin's 50% Crash Was a Leverage Purge, Not a ResetExternal ReportingBitcoin Custody for Institutional Clients Is Coming to Citi Later This YearSourced by
Originally reported by Pluang
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