JP Morgan Holds $1 Million in Cryptocurrency Spot ETFs in Q4 Last Year

Source
Suehyeon Lee

Summary

  • JP Morgan announced that it held cryptocurrency spot ETFs worth $1 million in the fourth quarter of last year.
  • The Bitcoin spot ETF drew attention with a 69% increase to $964,322 compared to the previous quarter.
  • The Ethereum spot ETF was reported to be worth around $39,569.

JP Morgan's cryptocurrency (crypto) spot ETF holdings in the fourth quarter of last year amounted to $1 million.

According to JP Morgan's securities holdings report (13F) submitted to the U.S. Securities and Exchange Commission (SEC), cited by CryptoSlate on the 12th (local time), JP Morgan held $1 million worth of cryptocurrency spot ETFs as of the fourth quarter of 2024.

In particular, the Bitcoin (BTC) spot ETF holdings amounted to approximately $964,322, marking a 69% increase compared to the previous quarter ($595,326). Meanwhile, the Ethereum (ETH) spot ETF holdings were reported to be around $39,569.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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