Reported 2 days ago
JPMorgan Chase's CEO Jamie Dimon announced that the bank will now allow clients to purchase Bitcoin, marking a significant change from his previous skepticism. While JPMorgan adapts to client demand for digital assets, Vanguard remains cautious, refusing to offer spot Bitcoin ETFs or crypto products. This divergence reflects an evolving landscape in the financial industry as major firms like Morgan Stanley and Bank of America embrace Bitcoin, raising questions about Vanguard's future strategy regarding cryptocurrencies.
Source: YAHOO