Data gathered by LearnBonds have revealed that Bitcoin would rank as the eighth largest bank globally, with a market cap of $169.01bn. The asset’s high cap correlates with its impressive 27.18% ROI on a Year-to-Date basis.
From the data, JP Morgan Chase’s cap of $433.5bn, makes it the biggest bank in the world. Bitcoin would also rank lower than the Bank of America with a market cap of $306bn. ICBC ranks third with a capitalization of $290.9bn followed by China Construction Bank with a cap of $218.4bn.