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JPMorgan will reportedly give retail wealth clients access to crypto funds

July 22, 2021. Summarized by summa-bot.

Compression ratio: 40.8%. 1 min read.

JPMorgan clients may now be able to invest inGrayscale's Bitcoin Trust, Bitcoin Cash Trust, Ethereum Trust, and Ethereum Classic Trust as well as Osprey Funds’ Bitcoin Trust.

Major U. S. investment bank JPMorgan is reportedly allowing advisors to execute crypto trades for more of its clients.

A person directly familiar with the bank’s move to digital investments said all JPMorgan clients seeking investment advice, including those managed by financial advisors, retail investors using the trading app, and clients serviced by the private bank, would be offered the opportunity to invest in crypto.

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