Many JPMorgan clients see Bitcoin as an asset class, says senior exec

Cointelegraph

Published Jul 21, 2021 06:07AM ET

Updated Jul 21, 2021 07:40AM ET

Despite Bitcoin (BTC) not yet emerging as an “asset class per se,” JPMorgan (NYSE:JPM) considers it important to meet the demand for cryptocurrency investment, according to a senior wealth management executive.

A large number of JPMorgan clients see digital currencies like Bitcoin as an asset class, the company’s director of asset and wealth management, Mary Callahan Erdoes, said.

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