Important points
How is JPMorgan increasing its exposure to Bitcoin?
JPMorgan currently owns 5.28 million shares of the BlackRock Bitcoin ETF, an increase of 64% from the previous quarter.
What does BlackRock’s global ETF expansion imply about the future of Bitcoin?
This reflects institutions’ growing confidence in Bitcoin as a core asset in global investment portfolios.
JP Morgan is significantly increasing its exposure to Bitcoin [BTC]highlighting the growing trust of institutions in major cryptocurrencies.
JPMorgan’s bet on BlackRock’s Bitcoin ETF
The bank’s customers currently own 5.28 million shares of BlackRock’s iShares Bitcoin ETF (IBIT), valued at approximately $343 million as of September 30, according to the bank’s latest 13F regulatory filing.
This represents a 64% increase from last quarter’s 3.21 million shares.
The report also reveals that JPMorgan’s exposures span multiple divisions, including one that manages portfolios for high-net-worth individuals and institutional investors.
This wide participation reflects a strategic shift among banks and their customers, who are seeking a regulated, low-risk entry point into Bitcoin amid continued market volatility.
The timing and size of the investment shows that Wall Street’s biggest companies are no longer on the sidelines.
Instead, they are positioning themselves ahead of what they perceive as the next major step in Bitcoin’s institutional adoption.
But while JPMorgan’s crypto exposure deepens, not all corporate holders are faring well.
Bets on other companies and their cryptocurrencies
Companies like Metaplanet, known as Bitcoin accumulators, are currently facing significant banknote losses, with a loss of 5.37% on 30,823 BTC held at an average purchase price of $108,036, according to data from Bitcointreasuries.net.
Still, the broader institutional context shows resilience rather than setbacks.
For example, Strategy (formerly MicroStrategy) continues to steadily accumulate Bitcoin, recently adding 397 BTC to its reserves.
IBIT and Bitcoin market trends
This comes at a time when Bitcoin was trading around $102,260 at the time of writing, showing a slight uptick, and BlackRock’s IBIT recorded $131.4 million in outflows, according to Pharcyde Investors.
Nevertheless, Bitcoin’s dominance remains solid at 59.84%, meaning it currently accounts for almost 60% of the crypto market capitalization.
Meanwhile, on the traditional market, JPMorgan shares rose 0.25% to $314.21 and BlackRock shares rose 1.19% to $1,082.20, according to Google Finance.
These modest gains reflect cautious optimism in the financial world, with institutions like JPMorgan poised to take advantage of Bitcoin’s next rally.
That said, BlackRock’s exposure isn’t just limited to Wall Street.
In fact, the iShares Bitcoin ETF is scheduled to launch on the Australian Securities Exchange (ASX) by mid-November 2025, marking another strategic step in the company’s global digital asset expansion.
So, with Australia emerging as one of the key frontiers for Bitcoin ETFs and seeing a surge in inflows from institutional investors, BlackRock’s move signals growing confidence in Bitcoin’s role as a core asset in global portfolios.