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Jamie Dimon, once critical of Bitcoin, now sees value in Ethereum and has JPMorgan investing in it.
Jamie Dimon, JPMorgan's CEO, now sees value in cryptocurrencies with smart contracts, like Ethereum, which can handle transactions and data movement.
This marks a shift from his previous criticism of Bitcoin.
Despite Dimon not endorsing any specific cryptocurrency, JPMorgan has invested in Ethereum through ETFs, owning a stake worth $39,695 across three different Ethereum ETFs, showing a positive outlook on Ethereum’s potential.
2 months ago
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