<a href="https://www.businessinsider.com/jpmorgan-financial-advisors-crypto-bitcoin-products-retail-wealth-management-2021-7?r=US&amp;IR=T" target="_blank" rel="nofollow noopener">According to sources</a>, JP Morgan, one of the world's largest investment banks, now provides its wealth management clients access to Bitcoin and Ethereum funds.
<h2>JP Morgan Provides Access To Bitcoin &amp; Ethereum Funds</h2>
Wealth Management clients can now access Bitcoin and Ethereum funds through JP Morgan advisers, according to a document obtained by <a href="https://www.businessinsider.com/jpmorgan-financial-advisors-crypto-bitcoin-products-retail-wealth-management-2021-7?r=US&amp;IR=T" target="_blank" rel="nofollow noopener">Business Insider</a> today. 

Four <a href="https://www.cryptoknowmics.com/news/rothschild-investment-purchases-103059-grayscale-bitcoin-trust-shares-and-13817-grayscale-ethereum-trust-shares/">Grayscale</a> Investments products and one Osprey Funds product are available to advisors.

Clients will gain exposure to Bitcoin, Ethereum, Bitcoin Cash, and Ethereum Classic through Grayscale's Bitcoin Trust, Bitcoin Cash Trust, Ethereum Trust, and Ethereum Classic vehicles, which will go into effect on July 19. 

Clients may also invest in the Osprey Fund's Bitcoin Trust, according to Business Insider.
<h2>Clients of JP Morgan Can Now Invest In Grayscale Investments &amp; Osprey Funds</h2>
Such funds do not imply that JP Morgan clients would personally own bitcoin; rather, they will have exposure to it. Grayscale and Osprey are companies that let investors participate in the crypto market by allowing them to purchase shares that track the price of assets such as Bitcoin and Ethereum. 

Grayscale and Osprey handle all of the complex aspects, such as purchasing and storing Bitcoins.

Grayscale is the largest asset manager in the crypto industry, with $27.5 billion under <a href="https://twitter.com/Grayscale/status/1417952608527032332" target="_blank" rel="nofollow noopener">management</a>. Digital Currency Group, a venture capital business located in New York City, owns it. 

[embed]https://twitter.com/Grayscale/status/1417952608527032332[/embed]

However, the firm's shares have recently been trading at a discount to the price of Bitcoin. Previously, these shares were traded at a premium, which meant that purchasing them was more expensive than investing directly in Bitcoin.

According to Business Insider, JP Morgan's advisers can only conduct "unsolicited" crypto trades: they are not permitted to advocate or sell the goods, but they can do so if a client asks it.
<h2>Through The Investment Products, Clients Will Have Exposure To Bitcoin And Ethereum</h2>
Morgan Stanley, another major investment bank, <a href="https://www.cryptoknowmics.com/news/morgan-stanley-offers-bitcoin-funds-for-the-first-time-in-us-history/" target="_blank" rel="nofollow noopener">permitted </a>wealthy clients to acquire exposure to Bitcoin in March through the Galaxy Bitcoin Fund LP, Galaxy Institutional Bitcoin Fund LP, and the FS NYDIG Select Fund. Morgan Stanley, on the other hand, only made this available to clients with at least $2 million in bank assets.

Headquartered in New York City JP Morgan is growing more receptive to the realm of cryptocurrencies. Jamie Dimon, the business's CEO, originally <a href="https://www.cnbc.com/2017/09/12/jpmorgan-ceo-jamie-dimon-raises-flag-on-trading-revenue-sees-20-percent-fall-for-the-third-quarter.html" target="_blank" rel="nofollow noopener">branded </a>Bitcoin a "fraud," but the corporation now routinely speaks about digital assets and offers banking services to leading crypto exchanges Coinbase and Gemini.

JP Morgan Provides Bitcoin and Ethereum Funds Access to its Clients

JP Morgan, one of the world's major investment banks, has made Bitcoin and Ethereum funds available to its wealth management customers.

Kavya Barua is a voracious learner who is fascinated by crypto and Fintech advancements. Graduated from Janki Devi Memorial College's B.A (Hons) English program at the University of Delhi. She aspires to be a successful professional, having a keen interest in learning and achieving results.

JP Morgan Provides Bitcoin and Ethereum Funds Access to its Clients

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