JPMorgan Boosts BlackRock IBIT Stake by 174% in Major Crypto ETF Expansion

JPMorgan Chase made a bold move in early 2026, ramping up its bets on crypto-focused exchange-traded funds, especially BlackRock’s iShares Bitcoin Trust (IBIT). Fresh 13F filings show the bank nearly tripled its IBIT shares, jumping from about 3 million at the end of 2025 to 8.3 million shares just a few months later. That’s a 174% surge, even while Bitcoin’s price slipped more than 22% during the quarter. Still, these new IBIT holdings added roughly $162 million in value on paper. It’s a clear sign that JPMorgan isn’t shying away from digital assets, no matter how rocky the crypto market gets or how many people pull their money out of US Bitcoin ETFs.

But IBIT wasn’t the only play. JPMorgan also went hard on other crypto ETFs. The bank boosted its position in Fidelity’s Wise Origin Bitcoin Fund (FBTC) by 450%, climbing from 3,996 shares to 22,196, and tacked on nearly a million dollars in value there. Its stake in the Bitwise Bitcoin ETF (BITB) went up almost 900%, shooting from 4,872 shares to over 48,000. That’s about $1.5 million more in value compared to last quarter. And when it comes to the ProShares Bitcoin Strategy ETF (BITO) — which follows Bitcoin futures, not the spot price — JPMorgan ramped up from just 40 shares to over 1,300, marking a leap of more than 3,000%.

JPMorgan didn’t just focus on Bitcoin, either. It jumped into the Solana game, picking up nearly 47,500 shares of the Bitwise Solana Staking ETF (BSOL) for about $523,000. Ethereum exposure climbed too: the bank now holds 266,734 shares of the iShares Ethereum Trust (ETHA), up 36% from before, and added more of the Bitwise Ethereum ETF (ETHW). But not every crypto bet made the cut — JPMorgan completely cashed out of the Bitwise XRP ETF, dumping all 3,870 shares they held.

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The bank’s moves reached into crypto stocks, too. JPMorgan upped its stake in Strategy, the company famous for holding the biggest corporate stash of Bitcoin. At the same time, it trimmed down on Robinhood, Coinbase, Galaxy Digital, and Bitdeer shares. On the flip side, it bought more Block, MARA Holdings, Core Scientific, and PayPal.

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JPMorgan Boosts BlackRock IBIT Stake by 174%🚀 in Major Crypto ETF Expansion📈 was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.