JPMorgan Reveals Bitcoin ETF Holdings

JPMorgan Reveals Bitcoin ETF Holdings

JPMorgan Chase, the largest US bank, has revealed its holdings of Bitcoin exchange-traded funds in a recent presentation.


JPMorgan Chase, the largest US bank, has revealed its holdings of Bitcoin exchange-traded funds in a recent presentation.

Although their cumulative Bitcoin ETF holdings are currently limited to a meager $1.2 million, this is yet another sign of Bitcoin’s growing acceptance.

BlackRock’s Robert Mitchnick recently revealed that major financial institutions, such as pension funds, were preparing to dive into Bitcoin ETFs. Mitchnick downplayed the significance of the recent slowdown in inflows as the financial giant continues to see strong demand for Bitcoin exposure.

As Guru-Investingreported, Edmond de Rothschild (Suisse) SA now also owns $4.2 million worth of Bitcoin ETF shares.

Wells Fargo, another major US bank, also disclosed its Bitcoin ETF holdings in a regulatory filing today.

Ripple CEO Issues Major Warning About USDT: “US Government Is Going After Tether”

Jamie Dimon remains a Bitcoin critic

Meanwhile, JPMorgan CEO Jamie Dimon remains a staunch critic of Bitcoin. In December, he suggested that the US government should go as far as shutting down the largest cryptocurrency. Recently, the it crashed flagship cryptocurrency as a “Ponzi scheme.”

In 2021, JPMorgan launched a passively managed Bitcoin fund for its wealth clients.

Last year, the megabank was named among authorized participants in BlackRock’s record-breaking Bitcoin ETF.

Another day of departures

On Thursday, Bitcoin ETFs saw mixed flows. Grayscale’s GBTC saw significant outflows of over $43 million. BlackRock’s relatively modest inflows of $14.2 million didn’t make up for it.

This Bull Run Could Skip Ethereum (ETH): Opinion

Despite the negative ETF data, Bitcoin managed to recover to the $63,000 level before falling.

Leave a Reply

Your email address will not be published. Required fields are marked *

Best Exchanges
Buy, trade, and hold 600+ cryptocurrencies on Binance
Buy, trade, and hold 450+ cryptocurrencies on ByBit
Buy, trade, and hold 150+ cryptocurrencies on Kucoin
Buy, trade, and hold 100+ cryptocurrencies on BitFinex 
Buy, trade, and hold 150+ cryptocurrencies on CoinBase

Guru Investing is an independent source of information about investing , not controlled by any broker. All our reviews and guides are created honestly, according to the best knowledge and judgement of the members of our independent expert team; however, they are intended for informative purposes only and should not be construed as, nor relied upon as, legal advice. You should always make sure that you meet all regulatory requirements before making any financial operations . Copyright ©2024 Email for contact [email protected] kashmiri girls sex jayasex desi bhabi xxx xlnindia 1st time sex video たかはししょうこ動画 真正中出し3本番 彩乃なな sex film sexy film xnxx indian teens
ano nga ba ang pangarap hello heart episode 3 reshma hot saree images xvidies com bihar chudai heroine photo hot dasixx ileana d'cruz hot photoshoot hindi movi
www sxe vidoes boops sucking dehati fuck chuk chuk rail gujaratisexvidio probinsyano october 18 2021 full episode ang probinsyano july 14 2022 قصص سكس كرتون سكس بنات تخينة