Catenaa, Thursday, February 20, 2025 – JPMorgan Chase, one of the world’s leading financial institutions, holds more than $1 million in Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs), according to a recent filing with the US Securities and Exchange Commission (SEC).
The filing revealed that JPMorgan owns approximately $984,000 worth of Bitcoin-based ETFs and $32,300 in Ethereum ETFs. The bank’s holdings include several key Bitcoin ETFs, such as the ProShares Bitcoin ETF (BITO) with over $523,000, BlackRock’s iShares Bitcoin Trust ETF (IBIT) at around $290,000, and smaller amounts in the Bitwise Bitcoin ETF (BITB), Fidelity Wise Origin Bitcoin ETF (FBTC), and Grayscale Bitcoin Trust ETF (GBTC).
In Ethereum ETFs, JPMorgan holds $23,800 worth of the Grayscale Ethereum Trust ETF (ETHE), alongside smaller holdings in the iShares Ethereum Trust ETF (ETHA), the Fidelity Ethereum Fund (FETH), and the Grayscale Ethereum Mini Trust ETF (ETH).
These investments come after the SEC approved Bitcoin and Ethereum ETFs in 2024, allowing institutional investors to gain exposure to the leading cryptocurrencies without directly owning them.
JPMorgan had previously reported holding $760,000 in spot market Bitcoin ETFs for its clients in May 2024, an increase of more than $220,000 from previous filings.
The growing interest in cryptocurrency-based ETFs signals the increasing acceptance of digital assets among traditional financial institutions, as regulatory clarity continues to evolve.
