Are they going to openly trade the market or just trade the stocks of the companies that are invested in crypto?
They are offering their clients access to four products from Greyscale - Bitcoin Trust, Bitcoin Cash Trust, Ethereum Trust, and Ethereum Classic Trust - and one from Osprey - their Bitcoin Trust. All are products which can be thought of as like ETFs. Shares in these trusts can be bought and sold on the open market without the buyer having to think about coins, keys, wallets, seed phrases, etc., with the obvious disadvantages of the fact that you don't actually own any bitcoin, and you must pay the trust's fees. You can buy and hold them in tax advantaged accounts though.
So in the same way you can buy exposure to the price of gold without ever actually buying gold, JPMorgan clients can buy exposure to the price of bitcoin without ever actually buying bitcoin.
all the time, same old trick.
