TL;DR
- JPMorgan Chase expanded its investment in BlackRock’s spot Bitcoin ETF to 5.28 million shares valued at $343 million.
- IBIT has accumulated $64.4 billion in net inflows and manages $80.5 billion in assets, consolidating its position as the most prominent and fastest-growing ETF.
- The bank continues to integrate digital assets into its structure and now accepts Bitcoin and Ethereum ETFs as loan collateral.
JPMorgan Chase increased its position in BlackRock’s spot Bitcoin ETF, IBIT, acquiring a total of approximately 5,284,190 shares valued at $343 million, according to data published by Bitcoin Magazine. The transaction represents a 64% increase compared to its previous filing.
BlackRock’s IBIT provides a regulated gateway to direct Bitcoin exposure and remains the leading ETF in the market. Since its launch in January 2024, it has attracted $64.4 billion in net inflows and now manages $80.5 billion in assets, according to SoSoValue. The ETF ranks among the fastest-growing funds in capital market history.
JPMorgan continues to inject capital and strengthen its positions across various cryptocurrencies, accelerating the integration of digital assets into its traditional banking operations. The bank currently accepts spot Bitcoin and Ethereum ETFs as loan collateral and is evaluating allowing the direct use of cryptocurrencies as collateral, without requiring liquidation. The goal is to provide financial structures that maintain exposure to these assets without forcing sales—a key feature for institutional clients.
JPMorgan Considers Accepting Cryptocurrencies as Collateral
In previous filings with the SEC, JPMorgan already appeared among the major holders of spot Bitcoin ETFs, with positions in products from BlackRock, Bitwise, and Fidelity. The new disclosure confirms a consistent expansion of its capital allocation to the crypto market and signals the structural interest of traditional banking in the digital asset ecosystem.
According to the latest data from CoinMarketCap, Bitcoin has fallen about 20% from its all-time high of $126,000 reached in October and is currently trading around $101,500, showing little change from the previous day. Even so, JPMorgan analysts remain optimistic, projecting new highs in the $170,000 range over the next six to twelve months, anticipating a renewed wave of institutional demand
