JPMorgan lifts Bitcoin ETF exposure in Q1, led by BlackRock’s IBIT

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JPMorgan Chase accrued its reported holdings successful respective Bitcoin exchange-traded funds (ETFs) successful the archetypal quarter, led by a 174% leap successful its presumption successful BlackRock’s iShares Bitcoin Trust (IBIT), according to a 13F filing published Wednesday.

The slope accrued its presumption successful IBIT from astir 3 cardinal shares successful Q4 2025 to 8.3 cardinal shares, according to the filing.

The summation added astir $162 cardinal successful reported value, based connected filing data, contempt Bitcoin terms falling by much than 22% successful Q1, according to CoinGlass data.

The filing besides showed broader enactment crossed crypto-linked assets, including caller and expanded positions successful funds tied to Ethereum and Solana, alongside rotation successful equities tied to miners and companies with integer plus exposure.

The filing points to selective maturation successful JPMorgan’s reportable crypto-linked holdings during a anemic 4th for integer assets, erstwhile Bitcoin prices fell and US spot Bitcoin ETFs recorded nett outflows.

Bitcoin ETF bets grow sharply beyond BlackRock position

Beyond its accrued involvement successful BlackRock’s iShares Bitcoin Trust, JPMorgan besides expanded vulnerability crossed respective different spot Bitcoin ETFs, including the Fidelity Wise Origin Bitcoin Fund (FBTC) and the Bitwise Bitcoin ETF (BITB).

Holdings successful BITB surged astir 900%, rising from 4,872 shares to 48,258 shares, adding astir $1.51 cardinal successful reported value. The bank’s FBTC presumption accrued astir 450%, from 3,996 shares to 22,196 shares, worthy astir $980,000 successful added value.

Related: Jane Street slashes Bitcoin ETF holdings, adds Ether funds successful Q1 2026

Additionally, JPMorgan importantly accrued vulnerability to the ProShares Bitcoin Strategy ETF (BITO), which tracks Bitcoin futures alternatively than holding spot BTC directly. The bank’s BITO holdings surged from conscionable 40 shares to 1,302 shares, a summation of much than 3,000%.

Mixed altcoin ETF enactment crossed Ethereum, Solana and XRP

JPMorgan besides showed uneven enactment crossed altcoin-linked ETFs successful the archetypal quarter, with caller positions added successful immoderate funds portion others were afloat exited.

The slope initiated a presumption successful the Bitwise Solana Staking ETF (BSOL), buying 47,460 shares worthy astir $523,000, marking its archetypal reported vulnerability to a Solana-focused ETF product.

Source: The Bitcoin Historian

At the aforesaid time, JPMorgan accrued its vulnerability to Ethereum-linked ETFs, including a 36% emergence successful the iShares Ethereum Trust (ETHA) to 266,734 shares, alongside a crisp summation successful the Bitwise Ethereum ETF (ETHW).

Related: Wells Fargo boosts Ether ETF vulnerability successful Q1 2026, rotates BTC holdings

On the different hand, the filing showed a afloat exit from XRP-linked exposure, with the slope reducing its Bitwise XRP ETF (XRP) presumption from 3,870 shares to zero.

In enactment with the bullish BTC ETF buying, JPMorgan besides somewhat accrued its presumption successful Strategy, the world’s largest nationalist Bitcoin holder.

The bank’s crypto-linked equity positions were different mixed, with reductions successful Robinhood Markets arsenic good arsenic Coinbase, Galaxy Digital and Bitdeer Technologies Group. At the aforesaid time, JPMorgan added to positions successful Block, MARA Holdings, Core Scientific and PayPal.

Magazine: Strategy reveals wherefore they would merchantability BTC, Trump Media posts loss: Hodler’s Digest, May 3 – 9

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