{"id":3444,"date":"2025-05-19T18:16:26","date_gmt":"2025-05-19T18:16:26","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/05\/19\/jpmorgan-to-allow-clients-to-buy-bitcoin-jamie-dimon-says\/"},"modified":"2025-05-19T18:16:26","modified_gmt":"2025-05-19T18:16:26","slug":"jpmorgan-to-allow-clients-to-buy-bitcoin-jamie-dimon-says","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/05\/19\/jpmorgan-to-allow-clients-to-buy-bitcoin-jamie-dimon-says\/","title":{"rendered":"JPMorgan To Allow Clients To Buy Bitcoin, Jamie Dimon Says"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

JPMorgan To Allow Clients To Buy Bitcoin, Jamie Dimon Says<\/a><\/p>\n

<\/div>\n

Today, Chairman and CEO of JPMorgan Chase Jamie Dimon reiterated his personal disapproval of Bitcoin during the bank\u2019s annual Investor Day event. Despite the bank\u2019s decision to provide clients with access to Bitcoin investments, Dimon emphasized his personal disapproval of Bitcoin.<\/p>\n

\u201cI am not a fan\u201d of Bitcoin, stated Dimon.<\/p>\n

JPMorgan is going to allow clients to buy Bitcoin, but the bank won\u2019t custody it, according to Bloomberg. Dimon made clear that while JPMorgan will provide clients access to Bitcoin investments, the bank will not hold or manage the digital asset directly.\u00a0<\/p>\n

\n

JUST IN: JPMorgan CEO Jamie Dimon said they will allow clients to buy #Bitcoin<\/a> pic.twitter.com\/wO0djlYGUM<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) May 19, 2025<\/a>\n<\/p><\/div>\n

In a January 2025 interview with CBS News<\/a>, Dimon expressed continued skepticism toward Bitcoin. \u201cBitcoin itself has no intrinsic value. It\u2019s used heavily by sex traffickers, money launderers, ransomware,\u201d said Dimon.\u00a0<\/p>\n

Although he acknowledged, \u201cWe are going to have some kind of digital currency at some point,\u201d he added, \u201cI just don\u2019t feel great about bitcoin. I applaud your ability to wanna buy or sell it. Just like I think you have the right to smoke, but I don\u2019t think you should smoke.\u201d<\/p>\n

These comments from Dimon contrast with recent optimism from JPMorgan analysts regarding Bitcoin\u2019s market prospects. JPMorgan analysts reported<\/a> that Bitcoin is likely to continue gaining ground at gold\u2019s expense in the second half of the year, driven by rising corporate demand and growing support from U.S. states.<\/p>\n

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JUST IN: JPMorgan says #Bitcoin<\/a> likely to have more upside than gold in the second half of 2025 pic.twitter.com\/YPrHivch9O<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) May 15, 2025<\/a>\n<\/p><\/div>\n

\u201cBetween mid-February and mid-April gold was rising at the expense of bitcoin, while of the past three weeks we have been observing the opposite, i.e. bitcoin rising at the expense of gold,\u201d said JPMorgan analysts. \u201cIn all, we expect the YTD zero sum game between gold and bitcoin to extend to the remainder of the year, but are biased towards crypto-specific catalysts creating more upside for bitcoin over gold into the second half of the year.\u201d<\/p>\n

Since April 22, gold has dropped nearly 8%, while Bitcoin has surged 18%, reflecting a notable shift in investor sentiment. Capital has been moving out of gold ETFs and into Bitcoin. Several U.S. states are also warming to Bitcoin<\/a>\u2014New Hampshire now permits up to 5% of its reserves in Bitcoin, while Arizona is launching a Bitcoin reserve and has pledged not to raise taxes this year. At the corporate level, companies like Strategy and Metaplanet are expanding their Bitcoin holdings.<\/p>\n

\u201cAs the list grows, with other U.S. states potentially considering adding bitcoin to their strategic reserves, this could turn out to be a more sustained positive catalyst for bitcoin,\u201d said the analysts.<\/p>\n

This post JPMorgan To Allow Clients To Buy Bitcoin, Jamie Dimon Says<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Oscar Zarraga Perez<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine JPMorgan To Allow Clients To Buy Bitcoin, Jamie Dimon Says Today, Chairman and CEO of JPMorgan Chase Jamie Dimon reiterated his personal disapproval of Bitcoin during the bank\u2019s annual Investor Day event. Despite the bank\u2019s decision to provide clients with access to Bitcoin investments, Dimon emphasized his personal disapproval of Bitcoin. \u201cI am […]<\/p>\n","protected":false},"author":0,"featured_media":3445,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-3444","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/3444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=3444"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/3444\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/3445"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=3444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=3444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=3444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}