JPMorgan Chase plans to let institutional clients use Bitcoin (BTC) and Ethereum (ETH) as collateral for loans by the end of 2025.
The new program will rely on a third-party custodian to safeguard pledged assets, enabling clients to borrow against their direct crypto holdings.
The shift could make it easier for institutions to access liquidity without selling long-term digital asset positions — a use case that has gained traction among hedge funds and family offices.
The development represents a broader acceptance of digital assets across the financial sector.
Author's summary: JPMorgan to accept Bitcoin as collateral by year-end.