Investment banking giant JPMorgan Chase is preparing to offer its global clients the ability to borrow against their Bitcoin and Ether holdings, a move that further signals Wall Street’s growing embrace of digital assets. According to a Bloomberg report citing insiders, the initiative would allow clients to use these leading cryptocurrencies as collateral for loans, with assets held securely through a third-party custodian. This development could enhance the appeal of Bitcoin and Ether for institutional investors, similar to the milestone of the first US spot Bitcoin ETF approval in early 2024. While JPMorgan has been exploring cryptocurrency-collateralized loans since mid-2023, the adoption may take shape by 2026. The bank has also shown keen interest in stablecoins, with CEO Jamie Dimon highlighting plans to deepen understanding of this asset class. Despite Dimon’s past critical remarks on digital assets, JPMorgan continues to pioneer crypto integration, including launching its stablecoin JPM Coin in 2020 and acquiring shares in spot Bitcoin ETFs in 2024. This step illustrates JPMorgan’s ongoing commitment to innovating within the evolving crypto financial ecosystem.