JPMorgan increases Bitcoin ETF exposure by 64%, holding 5.28M shares, while its Ethereum allocation drops to just 66 shares.   JPMorgan Chase has sharply increased its exposure to Bitcoin through BlackRock’s Bitcoin ETF. Meanwhile, its Ethereum holdings have shrunk. The latest SEC filing shows a 64% rise in Bitcoin ETF shares. This change reflects a […] The post Crypto News: JPMorgan IBIT Exposure Up 64% as Ethereum Allocation Shrinks appeared first on Live Bitcoin News.JPMorgan increases Bitcoin ETF exposure by 64%, holding 5.28M shares, while its Ethereum allocation drops to just 66 shares.   JPMorgan Chase has sharply increased its exposure to Bitcoin through BlackRock’s Bitcoin ETF. Meanwhile, its Ethereum holdings have shrunk. The latest SEC filing shows a 64% rise in Bitcoin ETF shares. This change reflects a […] The post Crypto News: JPMorgan IBIT Exposure Up 64% as Ethereum Allocation Shrinks appeared first on Live Bitcoin News.

Crypto News: JPMorgan IBIT Exposure Up 64% as Ethereum Allocation Shrinks

2025/11/08 19:15

JPMorgan increases Bitcoin ETF exposure by 64%, holding 5.28M shares, while its Ethereum allocation drops to just 66 shares.

JPMorgan Chase has sharply increased its exposure to Bitcoin through BlackRock’s Bitcoin ETF. Meanwhile, its Ethereum holdings have shrunk.

The latest SEC filing shows a 64% rise in Bitcoin ETF shares. This change reflects a shift in JPMorgan’s digital asset strategy, focusing more on Bitcoin and less on Ethereum.

JPMorgan Increases Bitcoin Exposure

In its latest SEC filing, JPMorgan reported owning 5.28 million shares of BlackRock’s iShares Bitcoin Trust (IBIT).

This is a 64% increase from the 3.22 million shares held in June. At the end of the third quarter, JPMorgan’s Bitcoin ETF stake was valued at $333 million, although it has since dropped to $312 million.

JPMorgan’s large position in BlackRock’s Bitcoin ETF places the bank among notable institutional holders. This increase in Bitcoin exposure follows the bank’s more positive outlook for the cryptocurrency.

Analysts at JPMorgan have forecast that Bitcoin could potentially reach $170,000 in the next 6 to 12 months.

While the bank’s Bitcoin position grows, it is reducing its stake in other digital assets. Ethereum, in particular, has seen a significant decline in JPMorgan’s portfolio. The bank’s focus appears to be shifting toward Bitcoin as the cryptocurrency shows more stability compared to others.

Decreased Ethereum Allocation

JPMorgan’s exposure to Ethereum has drastically reduced in the past quarter. The bank now holds just 66 shares of BlackRock’s iShares Ethereum Trust (ETHA), valued at about $1,700. This is down from 111 shares in the previous quarter, signaling a clear reduction in Ethereum investment.

In addition to this small holding, JPMorgan has offsetting positions in Ethereum, including call and put contracts. These positions are relatively small and indicate a cautious approach to Ethereum. The bank’s diminished focus on Ethereum contrasts with its growing confidence in Bitcoin.

This move is part of a broader trend where institutional players are placing more emphasis on Bitcoin than Ethereum.

JPMorgan’s decision to reduce its Ethereum holdings reflects a shift in institutional strategies. It seems that the bank is prioritizing Bitcoin as a more stable and attractive investment option.

Bitcoin ETF Market and JPMorgan’s Strategy

Despite recent market volatility, JPMorgan’s decision to increase its Bitcoin ETF holdings is noteworthy.

In October, the market experienced a major downturn, but Bitcoin ETFs like IBIT have still seen some positive inflows. On one occasion, BlackRock’s IBIT saw $112 million in inflows.

This indicates that, despite challenges in the market, institutional interest in Bitcoin remains strong. JPMorgan’s actions suggest confidence in Bitcoin’s potential. The bank’s minimal Ethereum allocation, however, shows a more cautious stance on the second-largest cryptocurrency.

Overall, JPMorgan’s increased stake in Bitcoin reflects the bank’s belief in the asset’s future growth. At the same time, its reduced Ethereum exposure highlights changing dynamics within institutional crypto investments. As these trends continue, more focus may shift toward Bitcoin as a safer, more reliable investment in the coming months.

The post Crypto News: JPMorgan IBIT Exposure Up 64% as Ethereum Allocation Shrinks appeared first on Live Bitcoin News.

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