Analysis

Banking Giant JPMorgan Chase Holds $1,016,728 in Bitcoin and Ethereum ETFs, According to New SEC Filing

Published

7 months ago

February 17, 2025

Monetary Companies Titan JPMorgan Chase has greater than $ 1 million in shares in Bitcoin (BTC) and Ethereum (ETH) Change-Traded Funds (ETFS).

Based on a brand new submit With the US Securities and Change Fee (SEC), JPMorgan at the moment has simply over $ 984,000 in Bitcoin-based ETFs and $ 32,300 on ETFs primarily based on Ethereum, the second largest digital energetic energetic energetic of Market Cap.

The information reveals the outstanding ETFs that the financial institution big has, together with greater than $ 523,000 on the Proshares Bitcoin ETF (Bito), for round $ 290,000 in BlackRock’s Ishares Bitcoin Belief ETF (IBIT), $ 68,000 on the Bitcoin ETF (BITB), $ 55,000 WORTH OF FIDELITY WISE Origin Bitcoin (FBTC) and $ 37,000 on the Grayscale Bitcoin Belief ETF (GBTC).

When it comes to Ethereum, JPMorgan has for $ 23,800 on the Grayscale Ethereum Belief ETF (ETHE), $ 6,200 on the Ishares Ethereum Belief ETF (ETHA), $ 2,100 on the Constancy Ethereum Fund (Feth) and $ 102 on the GrayCaleum mini. Belief ETF (ETH).

ETFs primarily based on the highest two crypto belongings – which allow buyers to show themselves to BTC and ETH with out really having to purchase them – have been accredited by the SEC in 2024 after years that they have been refused.

In Could 2024, the registrations with the SEC that JPMorgan saved $ 760,000 to Spot Market BTC ETFs on behalf of its clients, which marked a rise of greater than $ 220,000.

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