JP morgan has been doin good so far with the market funds. And they seem to be doing the bank connecting blockchain too. They named that bank based chain as Onyx. Which is also doing fine. So they are now trying to expand into the funds which are dependent on the stablecoins and the altcoins that pass the CLARITY act.
This is the 2nd fund they are launching in the market and which is on the Ethereum blockchain. This fund named as the "onchain liquidity token money market fund".
This fund is getting the symbol : JLTXX. And this fund is now live on the mainnet. Some of such funds would be launched on mainnet would make it better. So there is a good growth going on with the funds being launched on the Ethereum. And this would increase the adoption too. Like we don't know how the adoption kind of builds up slow and steady and becomes a norm.
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