Previously, JPMorgan Chase did allow use of bitcoin ETFs as collateral, but on a case-by-case basis.

Standard Chartered has been working on developing its bitcoin trading desk since June 2024.

PNC Bank's venture into digital assets comes as retail and institutional demand is increasing, following better regulatory clarity in the U.S.

Santander's Openbank now lets German clients trade Bitcoin directly in-app, skipping third-party exchanges — with Spain next in line.