JPMorgan Reveals $340M BlackRock Bitcoin ETF Bet Amid Crypto Treasury Decline
Coingape - 11/7/2025 6:29:25 PM - GMT (+0 )
Coingape - 11/7/2025 6:29:25 PM - GMT (+0 )
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U.S. banking giant JPMorgan has disclosed a major increase in its BlackRock Bitcoin ETF (IBIT) holdings. However, several corporate treasury portfolios are facing sharp unrealized losses in their crypto holdings. JPMorgan Boosts IBIT Stake by 64% A new 13F filing shows the bank now holds 5.28 million shares of IBIT valued at roughly $343 million
The post JPMorgan Reveals $340M BlackRock Bitcoin ETF Bet Amid Crypto Treasury Decline appeared first on CoinGape.
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