#比特币行情预测 Encryption News: Bitcoin and Ethereum will officially become digital collateral for bank loans.

JPMorgan Chase is significantly deepening its layout in the cryptocurrency field, planning to allow institutional clients to use their actual holdings of Bitcoin and Ether as loan collateral for the first time. According to media reports on the 24th citing informed sources, JPMorgan plans to launch this new business globally by the end of this year. The scheme will rely on third-party custodians to hold the cryptocurrency tokens used as collateral, which is a further extension of its earlier business that began accepting cryptocurrency-related ETFs as collateral. This action highlights that cryptocurrencies are being rapidly integrated into the core channels of the financial system. With Bitcoin's price rebounding this year and the Trump administration easing regulatory hurdles, major banks are beginning to incorporate digital assets more deeply into the lending system, opening up new sources of liquidity for investors. For JPMorgan, this represents both a functional business expansion and a significant symbolic shift. The bank's CEO, Jamie Dimon, once described Bitcoin as an 'overhyped scam' or a 'pet rock,' but now, the bank is preparing to regard it as eligible collateral alongside stocks, bonds, and gold. A spokesperson for JPMorgan declined to comment on this. JPMorgan is accelerating its embrace of cryptocurrencies, as Wall Street giants are entering the fray. The shift in JPMorgan's attitude towards directly using cryptocurrencies as collateral has experienced a process from skepticism to gradual acceptance. Dimon's stance has softened in recent years, although he remains skeptical. At JPMorgan's investor conference in May this year, Dimon stated, 'I don't think we should smoke, but I defend your right to smoke. I defend your right to buy Bitcoin, go ahead.' According to the aforementioned informed sources, JPMorgan began exploring the business of providing loans secured by Bitcoin as early as 2022, but the project was later shelved. Subsequently, with the growth of the crypto market and gradual easing of regulations, the demand from Wall Street clients surged sharply, prompting the bank to restart and advance this plan. Under the Trump administration's friendly stance towards cryptocurrencies and subsequent regulatory easing, traditional financial giants on Wall Street are increasingly accepting the risks of digital assets and hastening their entry into the market. For example, Morgan Stanley plans to allow clients on its E*Trade retail platform to access mainstream cryptocurrencies starting in the first half of next year. Other players include State Street Corp., Bank of New York Mellon Corp., and Fidelity, which have begun to offer cryptocurrency custody services. Additionally, a recent regulatory change also allows companies like BlackRock to accept investors' Bitcoin and convert it into ETF shares that track the token. Currently, regions such as the European Union, Singapore, and the United Arab Emirates have already introduced regulatory rules for the field, while the U.S. Congress is also considering legislation aimed at regulating the structure of the crypto market. Market dynamics have also played a catalytic role; despite recent deep market corrections, Bitcoin reached a historic high of $126,251 earlier this month. These factors collectively prompt mainstream financial institutions to no longer view cryptocurrencies as marginal speculative tools but as an asset class that can be integrated into their core businesses.