JPMorgan had a $1 million Cryptocurrency ETF exposure as of last Q4, a rise of nearly 69% compared to the previous quarter.

Odaily Planet Daily News Morgan Stanley reported in its recent 13F filing that the cryptocurrency exposure held through ETFs as of December 31 was $1 million, nearly 69% higher than the $595,326 reported at the end of the third quarter of 2024. According to documents filed with the US SEC, JPMorgan's exposure to Bitcoin held through ETFs increased by nearly 71% to a value of $964,322, higher than the previously reported $595,326. This includes an addition of $65,881 worth of Bitwise BITB and less than $3,000 worth of 50 shares of Franklin Templeton EZBC. Meanwhile, JPMorgan increased its Fidelity FBTC holdings by 208% to 658 shares, worth $53,719. In addition, JPMorgan reduced its holdings of Grayscale BTC products, cutting its holdings of 3,695 Grayscale GBTC and Mini Trust to 492, currently valued at $36,418. JPMorgan's increased BTC exposure through ETF is related to BlackRock's IBIT, currently holding 5,242 shares worth $278,094, higher than the previous 387 shares. Despite JPMorgan reducing its holdings of over 2,000 shares of the fund, its exposure through ProShares Bitcoin Futures ETF BITO has increased to $527,502. The increase in dollar-denominated exposure is related to the rise in BTC price. (CryptoSlate)