JPMorgan Bitcoin ETF Holdings Surge 119% in Q2 with New SOL Positions

JPMorgan's 13F filing reveals a 119% increase in IBIT shares and new Solana ETF holdings, alongside a return to XRP exposure, signaling significant institutional portfolio adjustments.

Woofun AI data shows that JPMorgan disclosed substantial adjustments to its crypto-related ETF portfolio in its second-quarter 13F filing submitted to the U.S. SEC. The bank increased its holdings in BlackRock's IBIT to approximately 10.4 million shares, valued at $355.7 million as of June 30, representing a rise from 8.3 million shares in the first quarter. Call options on IBIT climbed to 3.94 million, while put options decreased to 3.5 million. JPMorgan also expanded its Ethereum exposure by acquiring nearly 1.17 million shares of BlackRock's ETHA, a 338% increase from the previous quarter, though Bitcoin holdings remain significantly larger.

Additionally, the bank re-established positions in XRP via Bitwise and Grayscale products and initiated new holdings in the Bitwise Solana Staking ETF with around 47,500 shares.