In its recent form 13F, JPMorgan declared $ 1 million in exposure to cryptography through stocks negotiated on the stock market (ETF) on December 31.
It was almost 69% more than the $ 595,326 he declared at the end of the third quarter of 2024.
According to the deposit with the Securities and Exchange American Commission (SEC), the JPMorgan Exhibition in Bitcoin (BTC) via ETF is worth $ 964,322, almost 71% higher than the amount of $ 595,326 previously reported.
The traditional financial institution added $ 65,881 in Bitwwise Bitb shares to its assets and 50 actions from the Franklin Templeton EZBC worth less than $ 3,000.
Meanwhile, JPMorgan increased the number of FBELTY FBTC shares by 208% to 658, worth $ 53,719.
In addition, the report revealed a reduction in exposure to BTC products in gray levels. JPMorgan reduced the 3,695 actions it held at Gryscale’s GBTC and Mini Trust at 492, which are now worth $ 36,418.
The increase in exposure to the JPMorgan BTC via the ETF is linked to the Ibit of BlackRock. The report showed 5,242 actions from Ibit, worth $ 278,094, compared to 387.
The JPMorgan exhibition via the future bitcoin of the Bito Bito proshares increased to $ 527,502 in the last form 13F despite more than 2,000 fundraising. The increase in exposure labeled in dollars is linked to the increase in BTC prices.
Exposure to ETH remains the same
Despite the increase in the Bitcoin exposure, JPMorgan has only $ 39,569 of ETF (ETH) shares. This is 29% greater than the $ 30,705 held on September 30.
The financial institution now holds 300 Blackrock’s Etha shares, worth $ 7,587 and 80 actions from Fidelity’s Feth, worth $ 2,673.
In addition, JPMorgan has also reduced its exposure to ETH products from gray, reducing its assets by 4,246 shares to 1,050 actions between quarters. As of December 31, the total of the weather was worth $ 29,435.
