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26 July 2021

JPMorgan Says a Lot of Clients See Cryptocurrency as Asset Class and Want to Invest – Featured Bitcoin News

JPMorgan Says a Lot of Clients See Cryptocurrency as Asset Class and Want to Invest – Featured Bitcoin News


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JPMorgan Says a Lot of Clients See Cryptocurrency as Asset Class and Want to Invest – Featured Bitcoin News.

JPMorgan says a lot of its asset and wealth management clients think cryptocurrency is an asset class and they want to invest in it.

Morgan Asset & Wealth Management.

Morgan Asset & Wealth Management CEO proceeded to talk about cryptocurrencies.

While JP Morgan may not currently see cryptocurrency or bitcoin as an asset class, rival investment bank Goldman Sachs said in May that bitcoin has become “an investable asset.” The firm explained, “Clients and beyond are largely treating it as a new asset class, which is notable — it’s not often that we get to witness the emergence of a new asset class.”

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