Billions have poured into spot #Bitcoin ETFs since 2024. Now JPMorgan will let clients borrow against them.
Clients use Bitcoin ETFs as collateral →
unlock liquidity →
Clients invest or spend more →
ETF demand rises →
Bitcoin price climbs →
collateral value grows → repeat
Each cycle strengthens both balance sheets and belief.
The twist? Bitcoin isn’t just an asset class anymore. JPM just made it bankable.



