Bitcoin Magazine JPMorgan Just Boosted its Bitcoin ETF Holdings by 64%

JPMorgan disclosed a sharp increase in its holdings of the Bitcoin ETF IBIT, signaling rising institutional interest in cryptocurrency exposure.

According to 13F filings, the bank reported holding 5,284,190 shares of IBIT, valued at $343 million as of September 30.

This marks a 64% increase from its previous disclosure of 3,217,056 shares as of June.

The filing also revealed that JPMorgan holds IBIT options, including $68 million in call options and $133 million in puts. 13F filings aggregate holdings across all bank divisions, including high-net-worth clients, meaning these positions may not be limited to the bank’s own balance sheet.

Bitcoin itself has remained volatile in recent months, hovering just above $100,

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