JPMorgan Chase expands Q1 Bitcoin ETF holdings, IBIT up 174%

JPMorgan Chase significantly expanded its holdings of spot Bitcoin ETFs in the first quarter of this year, Cointelegraph reported, citing a 13F filing. According to the disclosure, the bank's holdings of BlackRock's IBIT grew by 174% quarter-over-quarter, from approximately 3 million shares in the fourth quarter of 2025 to 8.3 million in the first quarter of this year. During the same period, its holdings in Fidelity's FBTC and Bitwise's BITB also saw substantial increases of around 900% and 450%, respectively. This expansion of crypto-related assets occurred even as Bitcoin's price declined by more than 22% during the first quarter.