JPMorgan Amasses $355M in Spot Bitcoin ETF Stake Amid Market Volatility
JPMorgan Chase has increased its stake in Blackrock's spot Bitcoin ETF to $355.7 million, more than doubling from Q1 2026.
This move contrasts with a $61 million outflow from U.S. spot Bitcoin ETFs during the same week, highlighting JPMorgan's bullish stance despite broader market volatility.
JPMorgan also re-entered XRP investments through Bitwise and Grayscale funds after previously exiting, while its Ethereum holdings grew significantly.