JPMorgan Becomes The First Big Bank To Give Retail Clients Access To Bitcoin

Bitcoin Magazine

JPMorgan just became the first U.S. big bank to give retail clients access to Bitcoin exposure, effective July 19, reported Business Insider. Contrary to other prominent banks, JPMorgan will reportedly not limit access to only ultrawealthy clients.

A person familiar with the move told Business Insider that “it applies to all JPMorgan clients seeking investment advice, including the bank’s self-directed clients using its commission-free Chase trading app.” Moreover, it will also include affluent mass clients with assets managed by JPMorgan advisors and the bank’s ultrarich clients.

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