According to its latest 13F report, Wall Street investment bank JPMorgan Chase significantly increased its holdings of BlackRock’s Bitcoin spot ETF, IBIT, in the third quarter of 2025, with a market value of approximately $343 million, representing a quarterly increase of 64%. JPMorgan Chase also indirectly participated in Ethereum’s price movements through Ethereum reserve strategy company BitMine Immersion, holding 1,974,144 shares of BMNR, worth approximately $102 million.
![图片[1]-JPMorgan Chase significantly increased its holdings of IBIT in the third quarter, indirectly holding ETH through BMNR.-OzABC](https://www.ozabc.com/wp-content/uploads/2025-11-10-094526-800x452.webp)
JPMorgan Chase increases its investment in IBIT, with a quarterly increase of 64%.
According to its latest 13F report , Wall Street investment bank JPMorgan Chase significantly increased its holdings of BlackRock’s Bitcoin spot ETF, IBIT, in the third quarter of 2025, reaching 5,284,190 shares, with a market value of approximately $343 million. This represents a 64% increase compared to the 3,217,056 shares held at the end of June 2025.
In addition, JPMorgan Chase also holds options positions in IBIT, including:
- Call Options: Approximately $67.76 million
- Put Options: Approximately $133 million
JPMorgan Chase participates in ETH with BMNR
Interestingly, JPMorgan Chase does not indirectly hold Ethereum (in very small amounts, mostly options) through BlackRock Ethereum Fund. Instead, it indirectly participates in Ethereum’s price movement by buying BitMine Immersion, an Ethereum reserve strategy company. JPMorgan Chase holds 1,974,144 shares of BMNR, worth approximately $102 million.
However, these holdings cover the entire group, including the asset management department and high-net-worth client accounts, and do not necessarily all belong to JPMorgan Chase’s proprietary funds.
![图片[2]-JPMorgan Chase significantly increased its holdings of IBIT in the third quarter, indirectly holding ETH through BMNR.-OzABC](https://www.ozabc.com/wp-content/uploads/jpmorgan-chase-significantly-increased-its-holdings-of-ibit-in-the-third-quarter-indirectly-holding-eth-through-bmnr.png)
JPMorgan Chase predicts Bitcoin will reach $170,000.
JPMorgan’s analysis team believes that after the largest perpetual contract liquidation in history on October 10th and a slight clearing in early November, the market’s deleveraging cycle has largely ended. According to their volatility-based gold price model, Bitcoin (…)BTC▼The corresponding theoretical price is approximately $170,000, which will occur within the next 6 to 12 months.
( Divergence emerges in crypto trading: JPMorgan Chase predicts Bitcoin could reach $170,000, while Galaxy pessimistically lowers its forecast to $120,000 )
Risk Warning
Investing in cryptocurrencies carries a high degree of risk; prices can fluctuate wildly, and you could lose all of your principal. Please carefully assess the risks.






















