JPMorgan Chase Discloses Spot Bitcoin ETF Portfolio
JPMorgan Chase , the largest bank in the US, has disclosed buying spot bitcoin ETFs, according to an SEC filing. JPMorgan disclosed its Bitcoin ETF holdings Friday. The bank holds shares in spot Bitcoin ETFs managed by BlackRock, Bitwise, and Fidelity as of March 31. JUST IN: Largest US bank JPMorgan Chase discloses buying spot #Bitcoin ETFs. — Watcher.Guru (@WatcherGuru) May 10, 2024 Due to these filings dating back to the end of March, JPMorgan may have even more exposure to these ETF assets. The bank’s Spot Bitcoin ETF holdings total over $1M in investments. Furthermore, the news comes as a surprise since the bank’s CEO, Jamie Dixon, has publicly doubted Bitcoin. Dixon has been widely outspoken against the digital asset since last year, however, JPMorgan Chase has been investing since the approval of Bitcoin ETFs in January 2024. Also Read: US House to Consider FIT21 Digital Assets Bill Throughout 2024, Spot Bitcoin ETFs have become a mass...