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JPMorgan launches in-house bitcoin fund for wealthy clients

JPMorgan began pitching its Private Bank clients on an in-house bitcoin fund, offered in partnership with bitcoin powerhouse NYDIG, for the first time this week, completing its transformation from the never-bitcoin mega-bank to a genuine player in the digital assets space. 

“I am not a Bitcoin supporter, I don’t really care about Bitcoin,” Dimon told the Wall Street Journal in May. “On the other hand, clients are interested and I don’t tell clients what to do.”

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bitcoin, banking, wealth management, jpm, nydig