Jamie Dimon keeps criticizing Bitcoin, but just look at what JPMorgan is doing!
The banking giant just disclosed that it held nearly $1 billion in crypto-related investments at the end of Q3. This figure includes $540 million in BlackRock’s IBIT, $131 million in MicroStrategy ($MSTR ), and $301 million in Coinbase ($COIN ) shares.
Even though its CEO is publicly “anti-crypto,” the truth is that JPMorgan is deeply immersed in the market. This isn’t a small amount—it’s a clear sign that Wall Street has truly entered the game.
This shows that even when major banks treat this only as a hedge or a way to serve client trading, enormous amounts of capital are still flowing into the crypto ecosystem. An undeniable tacit acceptance.
Do you think JPMorgan’s move is a strategic play, or just “business as usual”?
#Crypto #Binance
$IBIT $MSTR $COIN
The banking giant just disclosed that it held nearly $1 billion in crypto-related investments at the end of Q3. This figure includes $540 million in BlackRock’s IBIT, $131 million in MicroStrategy ($MSTR ), and $301 million in Coinbase ($COIN ) shares.
Even though its CEO is publicly “anti-crypto,” the truth is that JPMorgan is deeply immersed in the market. This isn’t a small amount—it’s a clear sign that Wall Street has truly entered the game.
This shows that even when major banks treat this only as a hedge or a way to serve client trading, enormous amounts of capital are still flowing into the crypto ecosystem. An undeniable tacit acceptance.
Do you think JPMorgan’s move is a strategic play, or just “business as usual”?
#Crypto #Binance
$IBIT $MSTR $COIN