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JPMorgan Bets Big on Bitcoin ETFs Amid Crypto Dip
Published 1 week, 5 days ago
Description
JPMorgan Chase is making a significant bet on Bitcoin, increasing holdings in Bitcoin ETFs by up to 3,000% and expanding into other Bitcoin funds. Despite a crypto dip and net outflows in spot ETFs, they also boosted Ethereum exposure and added to Solana-linked funds. On the equity side, they trimmed some positions but added to others, including MicroStrategy, showing long-term faith in the crypto space.
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