JPMorgan Chase started launching an internal Bitcoin fund to its private banking clients for the first time this week

TokenInsight news, according to Coindesk, JPMorgan Chase started launching an internal Bitcoin fund to its private banking clients for the first time this week. Two people familiar with the matter revealed that this passively managed fund, which was launched in cooperation with NYDIG, currently has no clients investing in it, but this situation may soon change. According to Business Insider reports, all wealth management clients of the bank have recently obtained the ability to access Bitcoin funds such as GBTC through a JPMorgan Chase brokerage account. However, the new Bitcoin funds are limited to clients of JPMorgan Chase Private Bank.