analysts: JPMorgan’s institutional crypto push could boost rivals like Coinbase, Bullish, analysts say

The Wall Street giant's move — should it come to pass — would further legitimize crypto and increase distribution channels, said ClearStreet's Owan Lau.\nWhat to know : JPMorgan’s potential entry into institutional crypto trading could legitimize the sector and expand access for traditional finance. Analysts say crypto-native platforms like Coinbase, Bullish and Galaxy Digital may benefit from further adoption on Wall Street The move may also drive down fees for basic services, pressuring firms like Coinbase and Circle, the analysts said.