According to JPMorgan's Q3 13F filing, the bank held roughly $981 million in Bitcoin and crypto-linked holdings as of Sept. 30, approaching $1 billion when including stakes in Robinhood and Bitcoin miners. The largest position was $540 million in BlackRock's iShares Bitcoin Trust (IBIT), representing a 9.6% increase from the prior quarter. JPMorgan also raised its stake in Michael Saylor's Strategy by 36% to $131.3 million and maintained a $301 million position in Coinbase, reflecting the bank's deepening exposure to digital assets despite CEO Jamie Dimon's past criticism of cryptocurrency.

View Source

Disclaimer: This content is for informational purposes only and does not constitute investment advice or encourage the buying or selling of crypto assets. It is intended to provide information about industry developments and is not directly related to the services offered by Gate TR. Although information obtained from third-party sources has been carefully reviewed, Gate TR assumes no responsibility for any errors or omissions. Crypto assets involve high risks and may experience significant price fluctuations. Before making any investment decisions, you should assess your financial situation and risk tolerance, conduct your own research, and make decisions independently.