Summary
- JP Morgan reportedly holds $1.7 billion worth of Bitcoin through a Bitcoin spot ETF.
- It includes $1.44 billion worth of BlackRock IBIT and $260 million worth of Fidelity FBTC.
- This investment can be seen as a strong show of confidence by JP Morgan in Bitcoin.
The largest investment bank in the United States, JP Morgan, has made a significant investment in Bitcoin (BTC) through a Bitcoin spot exchange-traded fund (ETF).
On the 12th (Korean time), Crypto Rover announced on X (formerly Twitter) that "JP Morgan's investment in Bitcoin spot ETF has approached $1.7 billion."
According to the post shared by Crypto Rover, JP Morgan holds approximately $1.44 billion worth of BlackRock IBIT and $260 million worth of Fidelity FBTC.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
