“The bank disclosed ownership of nearly 5.3 million shares of IBIT as of September 30, up 64% from the previous quarter.”, — write: www.coindesk.com
JPMorgan Clients Lifted Spot Bitcoin ETF Holdings in Q3The bank disclosed ownership of nearly 5.3 million shares of IBIT as of September 30, up 64% from the previous quarter.Updated Nov 7, 2025, 7:20 pm Published Nov 7, 2025, 6:06 pm
JPMorgan CEO Jamie Dimon
What to know:
- JPMorgan reported ownership of nearly 5.3 million shares of BlackRock’s spot bitcoin ETF (IBIT) worth $343 million at the end of the third quarter.
- That’s up 64% from the number of shares held one quarter earlier.
JPMorgan’s brokerage clientele lifted their bets on bitcoin BTC$103,462.84 in the third quarter, with the bank — in a regulatory filing Friday — disclosing ownership of 5.284 million shares of BlackRock’s iShares Bitcoin ETF (IBIT) as of Sept. 30.
Those shares were worth $343 million as of the end of the quarter. The bank held 3.2 million shares worth $302.6 million as of the end of the second quarter.
The bank earlier this week put out a bullish note on bitcoin, suggesting the price could reach $170,000 within 12 months from the current $102,000.
Correction (Nov 7, 2025, 19:10 UTC): An earlier version of this story suggested the bank owned IBIT for its own account.
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