JPMorgan Opens Doors to Bitcoin Investments for Clients

Jamie Dimon, CEO of JPMorgan Chase, announced that the bank will allow clients to invest in bitcoin while reaffirming his personal skepticism about cryptocurrencies. This move highlights the growing momentum behind institutional adoption as states like New Hampshire and Arizona integrate bitcoin into their financial reserves. Despite this embrace by leading players, Dimon remains skeptical of bitcoin’s intrinsic value and value proposition, highlighting the paradox at play within the banking giant.