JP Morgan in its recent filing to the SEC disclosed its Bitcoin ETF holdings where its cumulative holdings are just $1.2 million. It currently has exposure to Blackrock, Fidelity, Grayscale, and more.
Its CEO Jamie Dimon is a strong Bitcoin critic who previously suggested the US govt to shut down the largest crypto and also slammed it as a Ponzi scheme.
However, JPM has been investing since the approval of BTC ETFs. Earlier On Friday, Wells Fargo also revealed its BTC ETF exposure hours before JPM disclosed.