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JPMorgan Giving Clients New Opportunity to Gain Crypto Exposure

JPMorgan Chase is planning to launch a new product aimed at allowing investors to gain crypto exposure through a basket of 11 “Bitcoin proxy stocks.” So reports Yahoo! News.

JPMorganIt will contain companies that both own cryptocurrency and “operate business linked to it.” The new debt instrument will be comprised of 20% MicroStrategy Incorporated and 18% Square. Riot Blockchain and NVIDIA are also well represented in the basket.

Read the full article from Yahoo! News.

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