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Crypto influencer WendyO has called out JPMorgan’s skepticism over including XRP, Solana (SOL), and Cardano (ADA) in a potential U.S. strategic crypto reserve , accusing the banking giant of saying one thing and doing another when it comes to crypto.

"JP Morgan came out and started slamming XRP, Solana, and Cardano," WendyO said in a video. "And of course, I'm not surprised because again, JP Dimon and JP Morgan have consistently said negative things about Bitcoin and crypto since the beginning of crypto."

JPMorgan’s Managing Director of Global Market Strategy on Thursday told The Block that the chances of a U.S. strategic crypto reserve being approved are "less than 50%" , arguing that congressional approval would be required and that assets like XRP, Solana, and Cardano are too volatile to be included.

WendyO dismissed JPMorgan’s stance, pointing out the bank’s history of contradicting its own public statements.

"Every single time JP Morgan, Jamie Dimon, or someone from there says something, they technically end up doing the opposite," she said. "For example, over the years, Jamie Dimon has bashed Bitcoin. However, JP Morgan is a shareholder in BlackRock, and we all know that BlackRock has a Bitcoin spot ETF."

She also noted that JPMorgan previously held shares of the Bitwise Bitcoin ETF before offloading them in August 2024 — and that Bitwise has since filed for an Aptos ETF, another U.S.-based crypto project.

Volatility concerns

While JPMorgan’s argument hinges on the volatility of crypto assets, WendyO suggested that this could change as more assets gain ETF approval, potentially making them more stable investments.

"Why wouldn't America want to invest in American-based projects?" she questioned, adding that U.S. crypto projects deserve attention.

"They will come out and tell you one thing, but they will do something completely different," she said. "And as always, I would highly recommend you pay attention to all the cryptos made in the USA."