The Wolf Of All Streets

Massive Breakthrough For Bitcoin? JPMorgan To Lend Against Crypto

Jun 5, 2025
James Butterfill, Head of Research at CoinShares, discusses JPMorgan's groundbreaking decision to lend against crypto, indicating a shift in institutional investment strategies. Edan Yago from BitcoinOS delves into the future of Bitcoin programmability and the role of stablecoins, while Dan from The Chart Guys offers valuable market analysis on Bitcoin and Ethereum trends. The conversation also touches on Circle's IPO and the potential influence of the Fed on Bitcoin prices, highlighting a significant move towards mainstream acceptance of cryptocurrencies.
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INSIGHT

JP Morgan Enables Crypto Lending Unlock

  • JP Morgan allowing clients to borrow against crypto ETFs is a massive institutional breakthrough.
  • This unlocks buy, borrow, die strategies reducing selling pressure on crypto assets.
INSIGHT

Advisors Dominate Bitcoin ETF Holdings

  • Investment advisors are now the top holders of spot Bitcoin ETFs, signaling long-term sticky capital.
  • Hedge funds are unwinding basis trades and reducing their Bitcoin ETF exposure.
INSIGHT

Market Shifting to Long-Term Investors

  • The market is consolidating from frothy hot money to longer-term, stable investment capital.
  • Hedge funds reducing exposure reflects lower volatility and fewer price catalysts currently.
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