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JPMorgan Chase Allows All Its Wealth Management Clients To Access Cryptocurrency Funds

Mary Liu

Summary: According to Business Insider, sources said that JPMorgan Chase allows all its wealth management clients to access cryptocurrency funds.  The bank told advisers in a memo earlier this week that since July 19, they can accept buying and selling orders for 5 cryptocurrency products, from Grayscale Bitcoin Trust, Bitcoin Cash Trust, Ethereum Trust, and Ethereum ...

According to Business Insider, sources said that JPMorgan Chase allows all its wealth management clients to access cryptocurrency funds. 

The bank told advisers in a memo earlier this week that since July 19, they can accept buying and selling orders for 5 cryptocurrency products, from Grayscale Bitcoin Trust, Bitcoin Cash Trust, Ethereum Trust, and Ethereum Classic Trust, as well as Bitcoin Trust of Osprey funds.

A person familiar with the matter stated this service is available for all JPMorgan Chase clients seeking investment advice, bank advisors cannot recommend products but can buy and sell on behalf of clients.

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