JPMorgan Chase, a US-based financial institution, currently holds an estimated total of nearly $1 million in Bitcoin $95,798 and Ethereum
$2,742-based Exchange-Traded Funds (ETFs). The details of these holdings are revealed in the company’s filings with the SEC.
Bitcoin ETF Investments
The company maintains a portfolio of Bitcoin-focused ETF instruments on behalf of its clients. JPMorgan has invested approximately $523,000 in the ProShares Bitcoin ETF, around $290,000 in the iShares Bitcoin Trust ETF, roughly $68,000 in the Bitwise Bitcoin ETF, about $55,000 in the Fidelity Wise Origin Bitcoin ETF, and approximately $37,000 in the Grayscale Bitcoin Trust ETF. The…