🇹🇷 BlackRock named Jane Street and JPMorgan Securities as “authorized participants” in its proposed spot Bitcoin ETF filing in its updated S-1 filing. However, JPMorgan CEO Jamie Dimon has not consistently supported Bitcoin (BTC).
🔍 The crypto community is pointing out the hypocrisy of JPMorgan being portrayed as an authorized participant in BlackRock's Bitcoin ETF. JPMorgan has launched crypto token JPM Coin on a private version of the Ethereum blockchain for its institutional client base, despite being "deeply opposed" to the digital asset sector.
💬 Crypto users and XRP lawyer John Deaton questions JPMorgan's involvement with Bitcoin despite its "negative relationships with criminals" and whether this is an attempt to mislead or gaslight the public.
📣 What do you think? Is it contradictory that JPMorgan is an authorized participant in BlackRock's Bitcoin ETF? Share your comments with us!#crypto#JPMorgan#BlackRock#BitcoinETF