If Jamie Dimon Hates It So Much, Why Is JPMorgan Buying Bitcoin In Europe?

Unless you have been living under a rock for the past week, you will be well aware of JPMorgan CEO Jamie Dimon’s panicked outburst with regard the ‚fraud‘ that Bitcoin’s ‚tulip-like‘ bubble is. To paraphrase:
„It’s a fraud. It’s making stupid people, such as my daughter, feel like they’re geniuses. It’s going to get somebody killed. I’ll fire anyone who touches it.“
Anecdotally, the post-Dimon collapse in crypto prices seems to confirm his view (though of course this is much more due to China concerns than a vested interest fearmonger), which makes us wonder… why is JPMorgan buying Bitcoin ETFs on European exchanges? Weitere NEWS aus dem KRYPTO-Universum