media: "JPMorgan Will Launch a Bitcoin Investment Fund" – Bits Media

The CoinDesk publication, citing its own sources, reports, that the largest US bank JPMorgan is preparing to launch an actively managed bitcoin investment fund.

According to sources of the publication, the launch of a new investment product will take place this summer. Castodian will be the Nydig platform, And the product will receive access to the product large customers of the bank. Besides, the fund will be actively controlled, Unlike products, proposed Galaxy Digital and Pantera Capital.

However, representatives of JPMorgan and Nydig abstained comments. Interesting, that Bank General Director Jamie Diamon (James Dimon) More in 2017 year called the first cryptocurrency "fraud". AND, although since then his attitude to bitcoin softened, Diamon is still difficult to call a cryptocurrency enthusiast.

In early April, the general director of JPMorgan made a statement, in which he called on regulators to strengthen supervision of cryptocurrencies and new financial technologies, Since they can pose a serious threat to the functioning of the banking sector.

Recall, that earlier the readiness to launch cryptocurrency financial products was announced by another large American investment bank Goldman Sachs.