JPMorgan Chase is rumored to have started marketing an in-house bitcoin fund to its private banking clients

By    9 Dec,2021

JPMorgan Chase (NYSE:JPM) (JPM.US) this week has begun marketing an internally liquid bitcoin fund to wealthy clients of its private bank, according to blockchain and digital currency media outlet CoinDesk.

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The bitcoin fund, which is a passively managed fund offered in partnership with bitcoin giant New York Digital Investment Group (NYDIG), has not yet received any investments from clients, two sources are said to have said. But things could change soon, as the bank recently held a conference call with advisers.


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