Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

Cryptocurrencies

JPMorgan ramps up crypto ETF holdings by 30% in less than a year

Source Cryptopolitan

JPMorgan Chase has increased its stake in exchange-traded funds (ETFs) by 30% since May 2024, when it disclosed $760,000 in Bitcoin ETFs.

This represents an increase of over $220,000 in just a few months.

JPMorgan expands crypto ETF portfolio with major investments in Bitcoin and Ethereum funds

The bank disclosed in its most recent 13F filing with the U.S. Securities and Exchange Commission (SEC) that it has greatly expanded its exposure to Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs). The bank has invested $984,000 in Bitcoin ETFs and $32,300 in Ethereum ETFs through various products.

Among its Bitcoin ETF investments, JPMorgan has made a $523,000 investment in the ProShares Bitcoin ETF (BITO), a $290,000 investment in BlackRock’s iShares Bitcoin Trust ETF (IBIT), a $68,000 investment in the Bitwise Bitcoin ETF (BITB), a $55,000 investment in the Fidelity Wise Origin Bitcoin ETF (FBTC), and a $37,000 investment in the Grayscale Bitcoin Trust ETF (GBTC).

The bank places its bets on Ethereum spot ETFs, which include investments in the Grayscale Ethereum Trust ETF (ETHE), which amounts to $23,800, the iShares Ethereum Trust ETF (ETHA), worth $6,200, the Fidelity Ethereum Fund (FETH), valued at $2,100, and a small amount of $102 in the Grayscale Ethereum Mini Trust ETF (ETH).

JPMorgan joins Goldman Sachs in increasing Bitcoin ETF holdings

JPMorgan Chase’s choice to expand its ETF portfolio is in sync with other financial institutions, such as Goldman Sachs, that are also stepping up their stake in Bitcoin ETFs.

According to Goldman Sachs’ latest SEC filing, the bank now holds $1.27 billion in BlackRock’s iShares Bitcoin Trust ETF (IBIT), representing 24,077,861 shares. Goldman Sachs also disclosed a $288 million stake in Fidelity Wise Origin Bitcoin ETF (FBTC), holding 3,530,486 shares.

Goldman Sachs’ Bitcoin ETF holdings have increased dramatically, with an 88% rise in IBIT shares and a 105% rise in its FBTC position in the last quarter.

However, the growth in institutional investment has not affected digital asset funds, which have recorded their first significant withdrawal in 2025. Investors removed $415 million from crypto funds last week, with most of the outflows coming from Bitcoin-based products, such as spot ETFs, which saw net withdrawals of $430 million.

According to CoinShares Head of Research James Butterfill, Federal Reserve Chairman Jerome Powell’s cautious stance on interest rate cuts triggered the sell-off.

“The U.S. central bank need not be in a hurry to cut rates,” Powell said, reinforcing investor concerns that looser monetary policy may take longer than expected.

These short-term issues do not alter JPMorgan’s deliberate choice to expand its Bitcoin and Ethereum ETF portfolio as it continues to follow institutional investment trends.

Cryptopolitan Academy: How to Write a Web3 Resume That Lands Interviews - FREE Cheat Sheet

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

Fed October Rate Decision Preview: Rate Hike Pause Has Become Consensus, How Will US Stocks, Dollar, and Gold React?The Federal Reserve will announce its October interest rate decision at 14:00 Eastern Time on October 28, and Fed Chair Warsh will hold a press conference at 14:30. Markets currently wide

Author TradingKey

11 hours ago

The Federal Reserve will announce its October interest rate decision at 14:00 Eastern Time on October 28, and Fed Chair Warsh will hold a press conference at 14:30. Markets currently wide

Anthropic files for a $2 trillion IPO — the $80.7 billion loss is the decoy, the $450 billion compute bill is the risk Anthropic publicly filed its S-1 on October 26, revealing $16.29 billion of first-half revenue (+1,304% year over year) and a $80.7 billion net loss — of which $72.4 billion is a non-cash convertible-note charge. The real number is the $450 billion of signed, mostly non-cancelable compute commitments. Here is what the filing says, why NVDA, ARM and MU are the tradeable read-through, and the conditions that decide whether the AI trade passes its first public valuation test.

Author Irene Q.

15 hours ago

Anthropic publicly filed its S-1 on October 26, revealing $16.29 billion of first-half revenue (+1,304% year over year) and a $80.7 billion net loss — of which $72.4 billion is a non-cash convertible-note charge. The real number is the $450 billion of signed, mostly non-cancelable compute commitments. Here is what the filing says, why NVDA, ARM and MU are the tradeable read-through, and the conditions that decide whether the AI trade passes its first public valuation test.

Tesla jumps 5% as Barclays puts a $450 target on the SpaceX merger — the chart was already pointing to 431 Tesla closed at $391.62 on October 26, up 5.21%, after Barclays upgraded the stock to Overweight and lifted its target to $450 from $370, citing a sharp inflection in Robotaxi miles and a potential SpaceX merger. The move also completed a double bottom at $345.88 and $349.33, with a neckline at $388.56 and a measured target of $431.24. Here is what the upgrade actually says, why the chart and the analyst now point the same way, and what would break the target.

Author Irene Q.

16 hours ago

Tesla closed at $391.62 on October 26, up 5.21%, after Barclays upgraded the stock to Overweight and lifted its target to $450 from $370, citing a sharp inflection in Robotaxi miles and a potential SpaceX merger. The move also completed a double bottom at $345.88 and $349.33, with a neckline at $388.56 and a measured target of $431.24. Here is what the upgrade actually says, why the chart and the analyst now point the same way, and what would break the target.

Euro weakens below 1.1200 as traders brace for Fed, ECB rate decisions The EUR/USD pair extends the decline near 1.1170 during the early Asian trading hours on Tuesday, pressured by risk-off sentiment. Markets might turn cautious later in the day ahead of the US Federal Reserve (Fed) and European Central Bank (ECB) interest rate decisions later this week.

Author FXStreet

20 hours ago

The EUR/USD pair extends the decline near 1.1170 during the early Asian trading hours on Tuesday, pressured by risk-off sentiment. Markets might turn cautious later in the day ahead of the US Federal Reserve (Fed) and European Central Bank (ECB) interest rate decisions later this week.

Bitcoin Price Forecast: Drops Below $80,000 in Fifth Straight Loss, May Test $75,000 as FOMC Meeting Approaches Bitcoin falls below the $80,000 mark as the October FOMC decision approaches, threatening a further dip toward $75,000.On October 26, Bitcoin (BTC) again lost the key psychological mark o

Author TradingKey

Yesterday 10: 10

Bitcoin falls below the $80,000 mark as the October FOMC decision approaches, threatening a further dip toward $75,000.On October 26, Bitcoin (BTC) again lost the key psychological mark o

Popular Symbols