AI-Summary – News For Tomorrow
JPMorgan Chase is exploring cryptocurrency trading for its institutional clients, following in the footsteps of Goldman Sachs and Morgan Stanley. This move signals a deepening involvement in digital currencies for the US’s largest bank. The bank is considering both spot and derivatives trading options. The news positively impacted JPMorgan’s stock and Bitcoin’s price. JPMorgan had previously launched “JPM Coin” for money transfers. The broader cryptocurrency market, particularly Bitcoin, has experienced volatility in 2025, characterized by significant price swings influenced by factors such as tariff announcements and reaching new highs.
News summary provided by Gemini AI.
JPMorgan Chase (JPM) is considering potential ways to offer cryptocurrency trading to the bank’s institutional clients, Bloomberg reported Monday morning, marking the latest move by the US’s largest bank to deepen its involvement in digital currencies.
Shares in JPMorgan rose by roughly 1% on the news, while bitcoin (BTC-USD) picked up roughly 2.2%.
Earlier this year, JPMorgan rolled out its “JPM Coin,” a digital token that allows users to send and receive money on a public blockchain operated by Coinbase Global (COIN). However, the bank has yet to offer cryptocurrency trading to its clients.
Potential solutions could include both spot and derivatives trading, according to Bloomberg.
JPMorgan follows fellow bulge-bracket banks in moving to offer the service to clients. Goldman Sachs (GS) has operated a crypto derivatives trading desk for several years, and Morgan Stanley (MS) is partnering with the crypto firm Zerohash to offer crypto-trading services to clients on its E-Trade platform beginning in 2026.
Bitcoin, the world’s largest cryptocurrency, has spent 2025 in a turbulent up-and-down pattern. After crashing to levels below $80,000 in the days after the Trump administration’s April tariff announcements, the coin rallied to an all-time high above $125,000 but has since fallen back below $90,000.
Other major cryptocurrencies have performed similarly.
