American institutions are disclosing their holdings of Bitcoin (BTC) and altcoins one after another. The latest announcement comes from JP Morgan.
JPMorgan significantly increased its holdings in a Bitcoin ETF in the first quarter of 2026, according to a 13F filing with the SEC. Accordingly, the bank reported holding approximately 8.3 million shares of BlackRock’s spot Bitcoin ETF, iShares Bitcoin Trust (IBIT), in the first quarter.
This figure represents an increase of 174% compared to approximately 3 million shares in Q4 2025.
JPMorgan’s acquisitions expanded beyond IBIT. During the same period, the bank’s holdings in Fidelity’s FBTC and Bitwise’s BITB also increased significantly, by approximately 900% and 450%, respectively.
The bank also increased its investment in Bitcoin futures ETFs. JPMorgan increased the number of shares in the ProShares Bitcoin Strategy ETF (BITO) from 40 shares in Q4 2025 to 1,302 shares in Q1 2025.
JP Morgan also increased its investment in US spot Ethereum ($ETH) ETFs. The bank’s assets are $ETH In the first quarter, ETFs were up about 36% compared to the previous quarter. So the bank holds 266,734 shares of iShares Ethereum Trust (ETHA).
In response, banks significantly reduced their investments in. $XRP ETF. JP Morgan reduces investment in Bitwise $XRP The ETF went from 3,870 shares to zero in the first quarter.
*This is not investment advice.
