In brief
- JPMorgan’s Q3 13F filing shows it held roughly $981 million across spot Bitcoin ETFs, Strategy and Coinbase as of Sept. 30—close to $1 billion, and likely past it counting Robinhood and Bitcoin miner stakes.
- The biggest piece is $540 million in BlackRock’s IBIT; it also raised its Strategy stake 36% to 848,932 shares
- The snapshot predates a rough stretch—spot Bitcoin ETFs recently bled $1.4 billion in five days.
JPMorgan Chase, whose CEO has spent years deriding crypto, is now sitting on close to $1 billion worth of crypto-linked stocks and funds, a regulatory filing shows, after the bank deepened those positions in the third quarter.
Adding up the disclosures in JPMorgan’s quarterly 13F, the form large institutional…
