Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
Home»BLOCKCHAIN NEWS»JPMorgan CEO Criticizes BTC Despite Support for BlackRock Bitcoin ETF
BLOCKCHAIN NEWS

JPMorgan CEO Criticizes BTC Despite Support for BlackRock Bitcoin ETF

By Crypto FlexsJanuary 10, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
JPMorgan CEO Criticizes BTC Despite Support for BlackRock Bitcoin ETF
Share
Facebook Twitter LinkedIn Pinterest Email

JPMorgan Chase CEO Jamie Dimon reiterated his long-standing skepticism about BTC, despite the company’s role in the BlackRock Bitcoin ETF.

Despite its status as the most valuable cryptocurrency in terms of market capitalization, Dimon remained unwavering in questioning its intrinsic value. Under Dimon’s leadership, JPMorgan Chase was confirmed as an authorized participant in iShares Bitcoin Trust, BlackRock’s newly approved spot Bitcoin ETF.

“Real-world use cases include prostitution, tax evasion, anti-money laundering, and terrorist financing. It’s not just people buying and selling Bitcoin. “There is no value in buying or selling Bitcoin.”

– Jamie Dimon (JPMorgan Chase CEO)

This engagement stands in sharp contrast to Dimon’s personal views on cryptocurrencies. His critical views on digital currencies are well-documented. He previously told lawmakers that if he were in government, he would try to curb the growth of cryptocurrencies. BlackRock’s recent amendment to its SEC filing for a spot Bitcoin ETF further solidified this dichotomy.

The filing lists Jane Street Capital and JPMorgan Securities LLC as authorized participants and highlights JPMorgan’s new role in the development of the cryptocurrency ETF sector. The SEC’s approval of multiple ETF applications today highlights that cryptocurrencies are becoming increasingly integrated into the traditional financial system, and JPMorgan appears ready to capitalize on them despite Dimon’s personal reservations.

Dimon lays out a complex scenario for JPMorgan’s approach to Bitcoin and cryptocurrency development in the future. While the company is strategically positioned to fuel and benefit from the growth of Bitcoin ETFs, its CEO’s skepticism adds uncertainty about its long-term involvement in the cryptocurrency market.

Follow us on Google News

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Dreamcash starts the trading platform rollout with hyperclicade integration through waiting list.

August 6, 2025

Safe and expandable MCP server development: Main strategies and best practices

July 27, 2025

POLYMARKET will re -enter the United States after the acquisition of QCEX $ 112 million.

July 22, 2025
Add A Comment

Comments are closed.

Recent Posts

Vitalik Buterin regains the title of ‘Onchain Billionaire’, where ether reaches $ 4.2K.

August 10, 2025

Did you miss the TRON ‘S (TRX) 100X? Ruvi AI (Ruvi)

August 9, 2025

Re -creation attack in ERC -721 -Ackee Blockchain

August 8, 2025

The New Bybit Web3 Is Here–Fueling On-Chain Thrills With $200,000 Up For Grabs

August 8, 2025

Stella (XLM) Eye 35% Rally and Ripple and SEC END 5 years legal battle

August 8, 2025

Builders Are Proving What’s Possible With CARV’s AI Stack

August 8, 2025

Caldera Announces Partnership With EigenCloud To Integrate EigenDA V2

August 7, 2025

Are Monero in danger? Five orphan blocks were found during the Cubic Mining War.

August 7, 2025

One Card To Seamlessly Bridge Web3 Assets And Real-World Spending

August 7, 2025

Coinbase’s USDC fee, encryption or other banks?

August 7, 2025

Protocol Update 001 -scale L1

August 7, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Vitalik Buterin regains the title of ‘Onchain Billionaire’, where ether reaches $ 4.2K.

August 10, 2025

Did you miss the TRON ‘S (TRX) 100X? Ruvi AI (Ruvi)

August 9, 2025

Re -creation attack in ERC -721 -Ackee Blockchain

August 8, 2025
Most Popular

Comparison of Ledger Stax and Trezor Model T

February 23, 2025

Ethereum Price Set for a Big Move – Breakout or Decline?

December 27, 2024

SOLANA’s final defense -can the $ 118 price level block large slides?

April 4, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.