JPMorgan holds multiple US spot Bitcoin ETFs
US financial giant JPMorgan has disclosed its holdings in spot Bitcoin exchange-traded funds (ETFs) provided by Grayscale, ProShares, Bitwise, BlackRock, and Fidelity. According to a filing submitted to the US Securities and Exchange Commission (SEC) on May 10th, JPMorgan reported that it holds investments in ProShares Bitcoin Strategy ETF (BITO), BlackRock's iShares Bitcoin Trust Fund (IBIT), Fidelity's Wise Origin Bitcoin Fund (FBTC), shares of Grayscale Bitcoin Trust (GBTC), and shares of Bitwise Bitcoin ETF, with a total value of approximately $760,000. In addition, the bank also reported that it holds shares of Bitcoin Depot, a Bitcoin ATM provider, with a total value of approximately $47,000 for 25,021 shares. This news has attracted market attention and highlighted the gradual entry of financial giants into the cryptocurrency field.
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