JPMorgan holds $540M in spot BTC ETFs as of Q3, up 9.6% from prior quarter

JPMorgan Chase, the largest U.S. bank, held about $540 million worth of spot Bitcoin ETFs at the end of the third quarter, according to its third-quarter 13F filing with the U.S. SEC. As of Sept. 30, BlackRock’s spot Bitcoin ETF IBIT position stood at 11.4 million shares, up 9.6% from the previous quarter. JPMorgan also held 1.58 million shares of Coinbase stock, along with stakes in crypto-related companies including Robinhood, Core Scientific, MARA Holdings and Riot Platforms. CoinNess previously reported JPMorgan added 224,545 shares of Strategy (MSTR), worth about $25.5 million, in the third quarter.