The mainstream adoption of cryptos has been one of the main goals that the crypto industry had for a while.
There have been made a lot of moves in this direction, and they continue.
Now, it’s been revealed that JP Morgan offers a new way for investors to get some skin in the crypto game.
According to the latest reports, the investment banking giant launches a structured note offering linked to the “J.P. Morgan Cryptocurrency Exposure Basket” – it’s also important to note that this consists of 11 stocks of U.S. listed companies that the bank believes are related directly or indirectly to crypto assets.
Companies have exposure to crypto
The online publication the Daily Hodl notes that according to a new filing with the U.S. Securities and Exchange Commission (SEC), the included companies have exposure to crypto via “Bitcoin holdings, cryptocurrency technology products, cryptocurrency mining products, digital payments or Bitcoin trading.”
“The remaining six stocks, all weighted at 5% or less, are in Intercontinental Exchange, CME Group, Overstock.com, Silvergate Capital, as well as American depositary shares in Taiwan Semiconductor Manufacturing Company Limited,” the same online publication mentioned above notes.
Bitcoin adoption intensifies
Now, it seems that Netflix could be hopping into the BTC wagon as well. Check out the latest news.