JPMorgan has enabled clients to buy Bitcoin, allegedly and access to ETF on the table

The bank giant jpmorgan will allow customers to buy Bitcoin, General Manager Jamie Dimon said in the annual investor of the company.

Speaking with CNBC, Dimon said Customers will soon be able to buy Bitcoin, although the bank itself will not keep the property.

“We won’t detain him,” he noticed, adding only Bitcoin will appear “in statements for clients.” Additional details have not been detected.

The move indicates a significant shift for the largest American bank, especially as Rival Morgan Stanley already offers access to Spot BitCoin ETFs for qualifying clients.

JPMORGAN is expected to offer access to Bertcoin (ETFS) stock funds, according to CNBC sources. So far, exposure to the Bank CRIPTO was limited to products based on futures, not direct investment opportunities.

Still, Dimon cleaned it whether the personal position on Bitcoin had not changed. He showed his association of criminal uses, including money laundering, sex and terrorism trade.

“I don’t think you should smoke, but I defend your right to smoke. Defending your right to buy Bitcoin,” he was quoted to quoted.

Notes echo what he is told EBS news Return in January, when he said he does not believe that Bitcoin has an internal value and warned his users with smokers, acknowledging their right to possess him at the same time to discourage them personally.

At that time, he insisted that she was not against Cripto as a whole, but remained firmly opposed to Bitcoin’s usefulness.

Dimon’s skepticism Dates back for years. In 2021. year during the Senate hearing, Bitcoin “worthless” and claimed that their only case of use of use was among “criminals, drugs and taxes.”

In 2018, he called it by deceit and even threatened to go wrong with JPMorgan traders who had dealt with it. In Davos, in early this year, after Bitcoin rose last $ 100,000, fired him as a “pets”, insisting that “doesn’t do anything.”

Despite its criticism, JPMorgan has found himself increasingly involved in a decentralized space.

The bank is listed as Authorized participant In Blackocrock Isheres Bitcoin trust and praised Blockchain technology, even as her executive continues to be specially distanced by Bitcoin.