It 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.
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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.
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