JPMorgan ایگزیکٹوز: BTC کی مانگ میں اضافہ، کلائنٹس اسے اثاثہ کلاس کے طور پر دیکھتے ہیں۔

JPMorgan Executives say that the demand for Bitcoin increases and now, most clients see it as an asset class as we are reading more in our Bitcoin کی تازہ ترین خبریں۔ آج.

One of the JPMorgan Executives Mary Callahan Erdoes, says that the clients see Bitcoin as an asset class and demand crypto services more and more. While being skeptical about offering BTC investment options to the clients, the American investment bank JPMorgan Chase & Co admitted that the demand for the asset class increased dramatically. Mary Callahan Erdoes who is the JPMorgan director of Asset and Wealth Management noted that the company’s clients see bitcoin as an asset class. To maintain the client base, Erdoes stated the bank will continue providing crypto services to customers to meet up with the growing demand:

"ہمارے بہت سارے گاہک کہتے ہیں ، 'یہ ایک اثاثہ کی کلاس ہے ، اور میں سرمایہ کاری کرنا چاہتا ہوں ،' اور ہمارا کام ان کی مدد کرنا ہے جہاں وہ سرمایہ کاری کرنا چاہتے ہیں۔ ''

Earlier in February, the bank’s co-president and COO Daniel Pinto said there was no demand for BTC at that time but now the clients have an unfading appetite for the crypto asset which the banking giant is trying to satisfy. Erdoes pointed out that the institution still has reservations about deciding to categorize crypto as an asset class considering that they are quite volatile:

“یہ ایک بہت ہی ذاتی چیز ہے۔ ہمارے پاس بٹ کوائن نہیں ہے کیونکہ ایک اثاثہ کلاس فی سیکنڈ ہے اور وقت بتائے گا کہ آیا اس کی کوئی قیمت نہیں ہے۔ لیکن آج آپ اس میں جو اتار چڑھاؤ دیکھ رہے ہیں اسے وقت کے ساتھ ساتھ خود کو ختم کرنا ہوگا۔

In the past, JPMorgan didn’t like crypto, especially BTC. Earlier in 2017, the company’s CEO جیمی Dimon blasted BTC and called it fraud, and threatened to fire his employees that deal with it. However, he changed his stance now and revealed that he regretted calling the crypto fraud and praised the blockchain as quite the revolutionary technology. The company became crypto-friendly since and launched its native crypto back in 2020. earlier this year, JPMorgan started hiring ETH and blockchain experts as it continues to explore this technology. In April 2021, the Wall Street bank planned to launch a BTC fund for private clients with the NYAG. Despite trying to become friendly to the blockchain, Dimon was not able to stop himself from dishing out the negative comments about BTC but then warned people to stay away from the asset and crypto markets overall.

Source: https://www.dcforecasts.com/bitcoin-news/jpmorgan-executives-demand-for-btc-rises-clients-see-it-as-asset-class/