JPMorgan Chase is set to expand its crypto services by providing financing for crypto exchange-traded funds (ETFs) and accepting crypto assets as collateral for loans. This initiative will include spot Bitcoin ETFs such as BlackRock's iShares Bitcoin Trust (IBIT). The bank plans to incorporate crypto assets held by wealth management clients into its total net and liquid assets calculations for borrowing assessments. This move comes as the U.S. regulatory environment becomes more favorable towards cryptocurrencies. Despite CEO Jamie Dimon's cautious stance on crypto, JPMorgan Chase is accelerating its crypto offerings, allowing customers to purchase Bitcoin, though it will not provide custody services. Additionally, the bank is assisting crypto companies like Circle, which it helped with its IPO preparations. BlackRock's IBIT, the largest spot Bitcoin ETF globally, manages $69 billion in assets, representing 78% of the market.