Is JPMorgan a participant in Blackrock's spot bitcoin exchange-traded fund?
Could you clarify if JPMorgan is indeed a stakeholder or active participant in Blackrock's proposed spot Bitcoin exchange-traded fund? Given the recent surge in institutional interest in digital assets, it's intriguing to ponder if such a prestigious financial institution as JPMorgan has joined forces with Blackrock to bring a bitcoin ETF to market. Their collaboration could potentially signify a significant milestone in the broader adoption of cryptocurrencies within the traditional finance sector. Any insights you might have would be highly appreciated.