JP Morgan’s bitcoin u-turn

source:miningstore.com

So… what really changed?

A couple months ago, JPMorgan couldn’t stop throwing shade at crypto. Jamie Dimon was still calling Bitcoin pointless, and stablecoins “unnecessary.” Fast forward to now—they’re gearing up to offer loans backed by BTC and ETH, diving straight into the deep end.

So the question is: “Is this a bold strategic pivot—or just another JPM gimmick to stay in the spotlight?”

Let’s be real: JPM’s been quietly testing the waters with crypto ETFs like IBIT, but now they’re looking to lock in collateralized lending directly on digital assets. That’s a big shift. Maybe it’s the Trump admin’s crypto-friendly stance. Maybe it’s pressure to keep up with the innovation curve. Or maybe—just maybe—they’re finally realizing this tech isn’t going away.

Whatever it is, one thing’s clear:
The same bank that once called crypto a joke is now trying to cash in on the punchline.

What does this mean for you?

• Institutions can borrow against BTC and ETH

• JPMorgan secures the loans with on-chain collateral

• Crypto becomes a core part of traditional finance

This is huge for adoption. It gives Bitcoin and Ethereum real utility — and opens the door for trillions in new capital flows.

Watch this space…