JPMorgan and Bank of America Introduce Bitcoin-Backed Loans With Up to 70% LTV, Earning 2–4% Annually

Major Wall Street institutions, including JPMorgan and Bank of America, have reportedly begun issuing loans secured by Bitcoin at around 65–70% loan-to-value ratios. These BTC-backed products can generate 2–4% annual returns for banks on potentially tens of billions in credit while giving investors liquidity without selling their holdings, underscoring the deeper integration of crypto into traditional finance.