JPMorgan Launches On-Chain Money Market Fund as Bitcoin ETF Inflows Surge Simultaneously
JPMorgan is launching a tokenized money market fund on blockchain, offering institutional investors on-chain liquidity for the first time from a major US bank. The move coincides with renewed inflows into US spot Bitcoin ETFs, signaling institutions are allocating to both regulated crypto and tokenized traditional finance products at once. Analysts expect competing bank-issued tokenized funds within 60 to 90 days.
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