🧨 BREAKING: JPMorgan Approves BlackRock Bitcoin ETF as Loan Collateral! 🧨

🟢 Traditional Finance (TradFi) and Crypto are getting closer than ever!

👉 As per a Bloomberg report, JPMorgan has officially approved the use of BlackRock’s iShares Bitcoin Trust ETF (IBIT) shares as loan collateral for its clients.

💥 This is a major milestone in the financial system — marking the first time a top-tier bank has greenlit a Bitcoin ETF-backed lending structure!

🔍 Key Highlights:

🔹 Collateral Approval:

Investors can now pledge their IBIT ETF shares to JPMorgan as security for loans.

This means you can unlock cash without selling your crypto-backed assets!

🔹 IBIT ETF Snapshot:

Launched in January 2024

Over $70 Billion in AUM

Custody managed by Coinbase Prime

Current Price: ~$59.84

Sponsor Fee: 0.25%

🔹 Jamie Dimon’s Shift:

JPMorgan CEO Jamie Dimon once called Bitcoin a “fraud”…

But now his bank is offering crypto-collateralized loan services.

🧠 “From critic to supporter — a complete reversal!”

🔹 Blockchain Integration:

JPMorgan and BlackRock have previously executed tokenized collateral settlements using blockchain tech — another step toward TradFi x DeFi convergence.

📈 What Does This Mean?

✅ Increased institutional trust in crypto

✅ Recognition of Bitcoin as a high-grade financial asset

✅ Likely surge in demand for Bitcoin ETFs

✅ Strong bullish signal for BTC price trajectory

📌 If a banking giant like JPMorgan now accepts Bitcoin ETF shares as collateral, it’s clear — mass crypto adoption has only just begun!

🧠 “What was once a joke is now a financial tool — Bitcoin is rewriting the rules.”

👇 What’s your take? Can this push Bitcoin toward the $100K mark?

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