12:50 PM EDT, 06/04/2025 (MT Newswires) -- JPMorgan Chase ( JPM ) could soon allow trading and wealth management clients to secure financing against cryptocurrency-linked assets as collateral, Bloomberg reported Wednesday, citing sources.

JPMorgan ( JPM ) will offer financing against some cryptocurrency exchange-traded funds, starting with BlackRock's ( BLK ) iShares Bitcoin Trust, according to people familiar with the matter.

The bank might also consider the crypto holdings of wealth management clients to determine their net worth and borrowing limits, the sources told the news outlet.

JPMorgan ( JPM ) didn't immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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