Major Banks Already Exposed

[etfs]

JPMorgan, Citigroup, Wells Fargo, and Bank of America already have crypto touchpoints. If Fitch downgrades a bank over concentrated crypto exposure, consequences could include higher borrowing costs, lower investor confidence, and growth challenges.

[Rimon Khan]

Not surprising — big banks always have hidden exposure.

[Nahid Hossen]

Risk management is about to be tested again.