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JPMorgan Chase to start offering clients access to Bitcoin ETFs to deepen its involvement in crypto markets under the current pro-crypto regulatory landscape

May 20, 2025 //  by Finnovate

JPMorgan CEO Jamie Dimon said clients of the bank can now buy bitcoin, but he reiterated his long-held skepticism about cryptocurrencies. The decision marks a notable step for the largest U.S. bank, particularly due to Dimon’s history of criticizing the digital currency and the crypto market broadly, and is the latest sign of bitcoin’s entry into mainstream investing.  Dimon made it clear that his personal view of bitcoin remains unchanged, highlighting issues such as money laundering and the lack of clarity surrounding ownership.  The bank is looking at offering clients access to bitcoin ETFs, according to a person briefed on its plans. Until now, the company has limited its crypto exposure primarily to futures-based products, not direct ownership of bitcoin. Earlier, he had said that the investment bank is exploring ways to deepen its involvement in cryptocurrency markets, navigating the regulatory landscape under the pro-crypto administration of President Donald Trump.  

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