JPMorgan Chase quietly opened upward admission to six crypto funds over the past three weeks as it looks to offer crypto exposure to a variety of clients.

In the latest move, the bank'due south individual clients will at present have access to a new Bitcoin fund created by crypto investment firm New York Digital Investment Group (NYDIG).

NYDIG is owned by Stone Ridge Asset Management and the "Stone Ridge Bitcoin Strategy Fund" offers exposure to Bitcoin via futures markets.

The NYDIG fund is in addition to five crypto funds that the bank opened admission to last month: Grayscale Investments' Grayscale Bitcoin Trust, Bitcoin Cash Trust, Ethereum Trust and Ethereum Archetype Trust, as well as the Osprey Bitcoin Trust.

While the traditional fiscal institution has taken a big leap by offering crypto exposure via six unlike funds, it is reportedly taking a cautious approach to how information technology offers its new digital-asset services.

According to unnamed sources quoted by Business Insider, JPMorgan advisors are not allowed to overtly promote the crypto funds, and can only conduct the transactions upon the customer's request.

The Grayscale and Osprey Funds are open to all users of its various wealth management platforms including its self-directed Chase trading app, while the NYDIG fund is only open to private cyberbanking clients.

Related: US megabank JPMorgan to hire more blockchain talent

The investment cyberbanking behemothic has a complicated history with cryptocurrency, later on CEO Jamie Dimon described Bitcoin as fraud back in 2022.

Analysts at Goldman Sachs appear to be working through some of the same issues, despite the business firm actively working to offer exposure to the sector.

In June, Jeff Currie, the global head of commodities inquiry at Goldman Sachs described Bitcoin as a "run a risk-on" nugget similar to copper. In the aforementioned month, analysts from the bank released a crypto study which concluded that Bitcoin is not "a long-term shop of value or an investable asset class".

Goldman Sachs currently provides crypto services through a derivatives trading desk and a Bitcoin futures trading platform that was rolled out concluding calendar month. The firm has too filed for a sort-of DeFi-based ETF in late July.