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JP Morgan Accepting Crypto Orders

JP Morgan is reportedly allowing its wealth management advisors to take crypto fund orders. So reports The Block Crypto.

cryptocurrency 3409725 640smallThe publication report that “orders for Grayscale and Osprey's crypto-based offerings are now on the table for wealth management advisors at the U.S.'s largest bank.”

It is important to note that the move does not signal a willingness to provide direct crypto investments, as these investments are trusts that are based on crypto asset performance. JP Morgan CEO Jamie Dimon has expressed concerns about crypto investments.

Advisors are also not allowed to present crypto-based funds, but can process orders if they come straight from clients.

Read the full article from The Block Crypto.

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