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JPMorgan's stance on Bitcoin has changed over time, with its CEO calling the cryptocurrency a fraud in 2017 and threatening to fire traders who engaged with it.
Bilal bin Saqib highlighted that by 2026, JPMorgan now includes Bitcoin in its long-term market forecasts.
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Bilal bin Saqib has recently commented on regulatory developments in digital assets, noting Pakistan's move to establish its first virtual-assets regulator backed by the Virtual Assets Act 2026 (link). He has also discussed changes in global economic frameworks to address AI and digital governance (link). These developments add further context to his observations about shifts in institutional crypto exposure.