JPMorgan Chase Holds Over $1 Million in Crypto ETFs
- JPMorgan Chase holds over $984,000 in Bitcoin-based ETFs.
- The bank also holds $32,300 in Ethereum-based ETFs.
- ETFs for Bitcoin and Ethereum were approved by the SEC in 2024.
- In May 2024, JPMorgan’s holdings in spot market BTC ETFs increased by over $220,000 to $760,000.
JPMorgan Chase has invested heavily in cryptocurrency exchange-traded funds (ETFs), with holdings of over $984,000 in Bitcoin-based ETFs and $32,300 in Ethereum-based ETFs. This follows the SEC’s approval of these crypto asset ETFs earlier in 2024.
Source (2.6)https://dailyhodl.com/2025/02/17/banking-giant-jpmorgan-chase-holds-1016728-in-bitcoin-and-ethereum-etfs-according-to-new-sec-filing/?rand=59076
