Bitcoin's correlation with traditional markets could "erode" its "diversification value over time."
A bearish outlook may be triggered if bitcoin doesn't claw its way back over $40,000, the analysts said.
The facility covers both conforming and jumbo mortgages – loans in excess of the traditional lending restrictions.
An ETF could draw institutional money from the Grayscale Bitcoin Trust, a support for the price of the cryptocurrency, the report said.
Bitcoin is increasingly competing with gold as an investment asset and has scope for substantial gains over coming years, according to JPMorgan strategists.
Digital asset investment firm Grayscale is sucking up so much bitcoin it could sway prices.
MassMutual’s $100M BTC investment has the potential to open a massive new investment category, according to analysts.
JPMorgan analysts said MassMutual's recent $100 million bitcoin purchases are a sign of growing mainstream acceptance for the cryptocurrency.
The live repo trade used a blockchain application built in-house, as well as the bank's jpm coin.
"The adoption of bitcoin by institutional investors has only begun, while for gold, its adoption by institutional investors is very advanced," a JPMorgan managing director wrote in the report.
The JPMorgan Chase CEO said it's only a matter of time before the government moves to regulate bitcoin.
In a research report by JPMorgan’s global markets team, analysts noted that Grayscale Bitcoin Trust’s flow trajectory outperformed gold ETFs.
The Breakdown weekly recap looks at bitcoin buying by Iran, JPM Coin and the latest round of lockdowns coming to Europe.
Liink wants its 400-plus financial institutions (including 25 of the largest 50 banks) to start building on top of the platform.
The investment banking giant says the blockchain hype cycle has moved past inflated expectations and into the realm of being commercially viable.