Many friends are saying that it feels like good news, why hasn't BTC risen. In fact, this matter was expected on the day SAB121 was lifted, and the SEC has issued multiple statements stating that it does not oppose banks entering the cryptocurrency market. Therefore, JPMorgan's announcement is already expected, and may not even be the first to engage in cryptocurrency collateralized lending. But this behavior is definitely positive for Bitcoin and compliant cryptocurrencies, but the reaction is in the long run. In the short term, this is just an expected news that can excite everyone, but it is still very different from Trump's TACO. The impact is profound, but the driving effect is slow.