#BREAKING : #JPMorgan , Largest Bank in the US, Announces It Owns Bitcoin Spot ETF Holdings
JPMorgan, the largest bank in the United States, has disclosed ownership of approximately $1 million worth of Bitcoin Spot ETF shares, as revealed in a filing with the SEC.
This disclosure is notable given the bank's CEO, Jamie Dimon, has previously voiced strong anti-Bitcoin sentiments.
Dimon has expressed skepticism towards Bitcoin, labeling it a "ponzi scheme" and "a scam with no future as a currency." He has consistently cautioned investors against involvement with the volatile digital asset.
However, the recent revelation indicates a disconnect between the CEO's personal opinions and the bank's investment strategies. Despite Dimon's public stance on cryptocurrency, JPMorgan Chase is actively participating in #BlackRock 's spot #BitcoinETF as an authorized participant.
*This information is not intended as investment advice.
Source - en.bitcoinsistemi.com
