The Wall Street giant that once criticized Bitcoin the most is now allowing clients to directly use BTC and ETH as collateral. This change may seem sudden in 2023, but the underlying logic is quite clear—they acknowledge it.
When mainstream financial institutions like JPMorgan begin to recognize the collateral value of crypto assets, subtle shifts occur in the market. Institutional investors holding cryptocurrencies no longer need to sell their Bitcoin to maintain cash flow. This shift in mindset may seem small, but its impact is significant.
From its origins as a digital currency experiment, Bitcoin has gradually evolved into an asset allocation option. It is now moving toward a "full-fledged" form—a type of asset recognized by the mainstream financial system, capable of being collateralized, borrowed against, and generating yields. This is not just a story about JPMorgan changing its stance; it signals a reshaping of the relationship between traditional finance and the crypto world.
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GateUser-0717ab66
· 01-12 03:10
Really not, JPMorgan's move is the smartest—those who used to criticize the most are now earning the most
Wait, are they sincere or forced? It feels like the market is pushing them
Brilliant, holders no longer need to dump, the era of institutions quietly making huge profits has arrived
From cursing to using, Wall Street old foxes know how to turn around, now let's see who still says crypto has no status
In plain terms, money talks, BTC and ETH are really attractive
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SilentObserver
· 01-11 18:02
JPMorgan really outdid themselves this time. Former Bitcoin skeptics are now being humble and respectful.
Moreover, institutions are no longer forced to sell off, which is the true price support.
Wall Street has approved, so what does that mean?
Bitcoin is about to become the "complete version," right? Then us early adopters are going to make a lot of money.
But it's just driven by profit, nothing surprising about that.
The key is, when will this wave of recognition reach retail investors?
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RektRecorder
· 01-11 02:53
Hi, JPM's turnaround is so fast, it's like changing faces haha
I bet five bucks they've already bought it, they just didn't dare to say it until now
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Anon4461
· 01-09 03:42
Haha, JPMorgan finally bowed down. They were so tough before, but now they have to kneel.
Now the holders can rest assured, no need to worry about market dumps.
BTC changing from a "scam" to an "asset" seems just a matter of time.
Waiting for other traditional financial institutions to follow suit, everyone will be left in the dust.
In the future, saying "I staked some coins at JPM" might become a new conversation among the wealthy.
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ruggedSoBadLMAO
· 01-09 03:41
JPMorgan really made a turn, I even wonder if they were just acting when they criticized BTC before haha
Have you sold yet, everyone? This is the real signal of major institutional entry.
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ZKProofEnthusiast
· 01-09 03:41
JPMorgan really got slapped in the face this time, haha. The former Bitcoin skeptics now have to bow their heads and behave.
Wait, is this genuine approval or just wanting a piece of the pie? It always feels like Wall Street isn't that kind-hearted.
Speaking of institutional investors, they're now secure and no longer forced to sell off. The logic is indeed clear.
Traditional finance also has to surrender; crypto has truly gone wild.
Hold on, with staking and lending this set of strategies, is BTC finally settled?
View OriginalReply0
DeFiDoctor
· 01-09 03:40
The medical records show that JPM's recent clinical performance is indeed worth noting—significant improvement from the dump paper to pledge services. However, regular follow-up is recommended, as the institution's bottom-fishing actions are usually driven by liquidity indicators.
View OriginalReply0
LayerZeroHero
· 01-09 03:32
JPMorgan really shot itself in the foot this time. Only now does it realize that you can't go against the trend; you can only embrace it.
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EntryPositionAnalyst
· 01-09 03:21
Haha, JPMorgan really got slapped in the face this time. The previous harsh criticism was as fierce as it could be.
What does it mean that they can use crypto as collateral? It means they have to bow down too. The crypto circle has won.
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SignatureAnxiety
· 01-09 03:19
JPMorgan's turnaround, to put it plainly, is being awakened by reality and admitting defeat.
A vivid example of the "delicious fragrance" law: the more fiercely they criticized back then, the faster they are now crashing and burning.
JPMorgan is really turning around this time.
The Wall Street giant that once criticized Bitcoin the most is now allowing clients to directly use BTC and ETH as collateral. This change may seem sudden in 2023, but the underlying logic is quite clear—they acknowledge it.
When mainstream financial institutions like JPMorgan begin to recognize the collateral value of crypto assets, subtle shifts occur in the market. Institutional investors holding cryptocurrencies no longer need to sell their Bitcoin to maintain cash flow. This shift in mindset may seem small, but its impact is significant.
From its origins as a digital currency experiment, Bitcoin has gradually evolved into an asset allocation option. It is now moving toward a "full-fledged" form—a type of asset recognized by the mainstream financial system, capable of being collateralized, borrowed against, and generating yields. This is not just a story about JPMorgan changing its stance; it signals a reshaping of the relationship between traditional finance and the crypto world.