I would be interested to know why JP Morgan says history would not repeat itself here.
These are nothing but their opinions, in 2017 they were calling bitcoin a fraud investment and a bubble and on the back side they started investing in it. The opinions and claims they make has nothing to do with the truth and hence they should be ignore as well.
JP Morgan cannot even say the truth about their investment and how can they predict what other companies will be investing in the future.