Report post

What are JPMorgan's new crypto products?

Advisors in JPMorgan’s $630 billion wealth management division can now accept orders to buy and sell five crypto products including Grayscale’s Bitcoin Trust, Bitcoin Cash Trust, Ethereum Trust, Ethereum Classic products, and Osprey Funds’ Bitcoin Trust.

Is JPMorgan’s $3 billion bitcoin price target too high?

According to JPMorgan, more than $3 billion has flowed into the Grayscale Bitcoin Trust since mid-October while gold ETFs have bled $7 billion. Some investors may find JPMorgan’s lofty price target for bitcoin quite jarring.

Is JPMorgan allowing private wealth clients to invest in Bitcoin?

Previously, JPM only allowed private wealth clients to invest in an actively managed bitcoin fund, with crypto firm NYDIG providing custody services.

Who is JP Baric?

John Paul 'JP' Baric, 24, from Austin, Texas, bought $1,400 worth of bitcoin back in 2012 when he was still at school and cryptocurrency had yet to hit the mainstream.

The World's Leading Crypto Trading Platform

Get my welcome gifts