JPMorgan Reveals Overwhelming Bitcoin ETF Exposure

The post JPMorgan Reveals Overwhelming Bitcoin ETF Exposure appeared first on Coinpedia Fintech News.

JP Morgan disclosed its Bitcoin ETF holdings with a cumulative holding of just $1.2 million in a recent SEC filing. Currently exposed to Blackrock, Fidelity, Grayscale, etc. CEO Jamie Dimon is a strong Bitcoin critic, previously suggesting the U.S. government shut down the largest cryptocurrency and accusing it of being a Ponzi scheme. However, JPM has been investing in the BTC ETF since its approval. Earlier on Friday, Wells Fargo also revealed its BTC ETF exposure times before JPM did so.