JPMorgan Discloses 64% Increase In BlackRock Bitcoin ETF Holdings In 2025 Q3 — Details

Global banking behemoth JPMorgan Chase has disclosed its increased exposure to the world’s largest cryptocurrency through BlackRock’s spot Bitcoin exchange-traded fund (ETF), iShares Bitcoin Trust (IBIT). JPMorgan Held 5.2 Million IBIT At End Q3 In the latest 13-F filing with the United States Securities and Exchange Commission (SEC), JPMorgan disclosed its holding of 5,284,190 IBIT shares, BlackRock’s spot Bitcoin ETF, as of September ￰0￱ third-quarter figure represents a sharp 64% increase in the firm’s exposure to spot Bitcoin exchange-traded funds. JPMorgan’s IBIT holdings, which were worth about $333 million as of September 30, are now valued at around $312 ￰1￱ the bank’s expanded position places it amongst one of the major institutional holders of BlackRock’s Bitcoin ETF, it still sits behind other firms, like Goldman Sachs, with significantly larger ￰2￱ Sachs disclosed that it held 30.8 million shares of IBIT in the first quarter of 2025.

Furthermore, the filing with the SEC shows that JPMorgan held IBIT call options worth $68 million and put options worth $133 million as of September ￰3￱ increased investment in spot Bitcoin ETFs is consistent with the bank’s price expectations for the flagship ￰4￱ a recent report, strategist Nikolaos Panigirtzoglou and his team shared that deleveraging in the crypto derivatives market, especially Bitcoin perpetual futures, appears to be mostly ￰5￱ JPMorgan analysts revealed that the recent rise in gold volatility has made BTC a more attractive investment option on a risk-adjusted ￰6￱ this gold-based model, the pundits argued that Bitcoin is fairly undervalued compared to gold and could see a significant upward movement to around $170,00 over the next 6 to 12 ￰7￱ of this writing, the price of BTC stands around $102,900, reflecting an over 1% jump in the past 24 hours.

However, the premier cryptocurrency is still deep in the red on medium-term ￰8￱ to data from CoinGecko, the BTC price is down by more than 6% in the last seven days. BlackRock’s IBIT Struggles In Recent Weeks BlackRock’s Bitcoin ETF has somewhat struggled over the past few weeks, registering significant withdrawals in the last ￰9￱ to data from SoSoValue, the exchange-traded fund posted a weekly net outflow of over $403 million in the previous ￰10￱ its performance on Friday, November 7, BlackRock’s IBIT looks set to record a weekly net outflow of roughly $450 million. Nevertheless, the iShares Bitcoin Trust still ranks as the largest spot BTC exchange-traded fund with a net asset of $80.58 billion under management.