-
JPMorgan to give retail wealth clients access to crypto funds
JUST IN: JPMorgan to give retail wealth clients access to crypto funds
— Blockworks (@Blockworks_) July 22, 2021
- Business Insider pic.twitter.com/C7w3eJ2Tyd
-
JPMorgan To Give Its Clients Access to Crypto Funds
JPMorgan has now become the first bank to give its financial advisors the go-ahead to offer retail wealth management clients crypto funds. An anonymous source has told Business Insider that this applies to nearly all of JPMorgan's clients, including those using its self-directed retail trading app. The news came via an internal memo that said clients can now trade five different crypto products from providers such as Grayscale Investments to Osprey Funds. Clients can begin trading these crypto funds as soon as July 19th. According to Business Insider's source, JPMorgan advisors cannot recommend these products but may ... (full story)