JPMorgan's Q4 crypto ETF holdings increased to $1 million, up about 69% from the previous quarter.
According to the latest 13F form filed with the Securities Exchange Commission (SEC), as of December 31, 2024, the total value of JPMorgan's crypto assets held through ETFs reached $1 million, an increase of about 69% from $595,326 in the previous quarter.
Bitcoin ETF holdings are worth $964,322, and the bank holds 5,242 shares of BlackRock IBIT, worth $278,094; ProShares BITO shares are worth $527,502; new Bitwise BITB shares are worth $65,881; at the same time, it has significantly reduced its holdings of Grayscale GBTC, from 3,695 shares to 492 shares, worth $36,418.
In terms of the Ethereum ETF, the total position value was only $39,569, including 300 shares of BlackRock ETHA (valued at $7,587) and 80 shares of Fidelity FETH (valued at $2,673). The Grayscale Ethereum product position was also reduced from 4,246 shares to 1,050 shares.