JPMorgan lifts Bitcoin ETF exposure in Q1, led by BlackRock’s IBIT

The bank raised its reported IBIT holdings by 174% in the first quarter while also adding exposure to select Bitcoin, Ether and Solana-linked funds.

JPMorgan Chase increased its reported holdings in several Bitcoin exchange-traded funds (ETFs) in the first quarter, led by a 174% jump in its position in BlackRock’s iShares Bitcoin Trust (IBIT), according to a 13F filing published Wednesday.

The bank increased its position in IBIT from around 3 million shares in Q4 2025 to 8.3 million shares, according to the filing.

The increase added about $162 million in reported value, based on filing data, despite Bitcoin price falling by more than 22% in Q1, according to CoinGlass data.

Read more