Major Wall Street Players Shift Stance on Bitcoin



Two of the financial industry's most vocal Bitcoin skeptics have undergone a dramatic reversal. JPMorgan Chase and Vanguard—institutions that publicly dismissed cryptocurrency for years—are now making strategic moves that signal acceptance of digital assets.

This isn't coincidental. Both firms appear to be positioning themselves ahead of broader institutional adoption. Their pivot reflects a growing recognition that Bitcoin has moved beyond speculative fringe territory into legitimate asset class status.

The implications run deep: when establishment players of this caliber reverse course, it typically indicates they've assessed the long-term market trajectory. Their actions suggest confidence in what's ahead for the crypto ecosystem and its integration into traditional finance infrastructure.

For market observers, this represents a significant milestone—institutional gatekeepers are finally aligning with market reality.
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MEVSupportGroupvip
· 8h ago
Haha, JPMorgan and Vanguard have finally backed down. This reversal made me laugh to death. --- Wait, didn't they say last year that bitcoin was a bubble? Is it a bit late to rush in now? --- Really, that’s how Wall Street folks are—change their tune as soon as the wind shifts. So realistic. --- I still find it hard to believe that institutional entry... I need to see real money actually pouring in to be convinced. --- They call it a "legitimate asset," but honestly, they probably only came because btc is rising well. --- Now retail investors are about to get chopped again, institutions eat the meat, and we drink the soup... --- Why does it feel like this news is being hyped up so much? They were already planning this, and now it’s just coming out. --- Alright, alright, I’ve already gone all in, so it’s not too late to get on board now. --- Haha, from "digital fraud" to "legitimate asset," the turnaround is pretty quick. --- Finally, the institutions are catching up with us. Welcome to 2024.
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LowCapGemHuntervip
· 12h ago
Haha, finally the moment has arrived. The big whale is turning back to the shore. --- JPM and Vanguard, these two can flip their stance at any moment. It's really interesting. --- Wait, the ones who were criticizing the most before are now rushing in? Their true intentions are not in the market. --- Institutional entry was always a certainty. It's really slow to react now. --- Honestly, this change is nothing surprising. Anyone can see that institutions are about to move. --- Big institutions pouring money in are optimistic about the long term. Retail investors just need to listen. --- So the question is, they have already been building positions privately, right? --- Another signal of institutions bottom-fishing. It's time to take action, everyone.
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MerkleDreamervip
· 12-13 05:57
Haha, finally here. I’ve been waiting so long that my flowers have withered. JPM's group is really slow on the uptake. We've been here for a while. Institutional entry is like a mirror that reveals all, that set of excuses was all bullshit. Wall Street has figured it out; it's time for the next wave of people to make their move. --- It's good that the big players have changed their tune, but what are they still talking about long-term research for? Aren't they just afraid of getting cut? --- Is the financial system too difficult for us to play with anymore? --- This is just a small test, but it’s really starting now. The timing is interesting. --- Sounds exciting, but it’s really just them running out of money and starting to buy the dip. --- They’ve been stubborn all these years, but in the end, they’ll have to bow their heads and be humble. --- If they come two years later, there won’t be any shares left. Haha
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GhostInTheChainvip
· 12-13 05:56
Haha, finally the day has arrived. The big whales are starting to turn around. JPM and these guys are really getting a good slap in the face... but that only makes me more determined. The later they enter the market, the greater our advantage. This is called market education; there's nothing we can do about it. Next year, it should be quite entertaining to see how these institutions rush to buy.
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ClassicDumpstervip
· 12-13 05:55
Uh... JPM and Vanguard finally admit it? Laughing out loud, they should have done this a long time ago.
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BlockchainFriesvip
· 12-13 05:53
Haha, finally waited for this day. Even the big sharks have to bow their heads. It's always better late than never in traditional finance. This wave of BTC is stable. I remember how fierce JPM was before. Now, eating crow feels so satisfying. This is what we call market education, everyone. Machine Learning
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GateUser-e87b21eevip
· 12-13 05:33
I said it early on, these big whales will admit defeat sooner or later, the crypto circle has won. Wait, are they really optimistic or just want to cut the leeks? Morgan's attitude has taken a big turn, there's no need to say anything more. No, they used to criticize so fiercely, and now suddenly they believe, how ironic. Now it's good, institutions are entering the market, do retail investors still have a chance... What does it mean? It means they are scared. Wall Street has finally bowed, I just want to see who still dares to say the crypto circle is a scam. I've seen through it long ago, institutions are just like this double standards怪.
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