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Banking & Finance

JPMorgan adds XRP exposure and boosts Bitcoin, ETH ETFs

·15 Aug
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JPMorgan's latest SEC filing reveals increased exposure to crypto assets, with the bank returning to XRP ETF holdings after previously exiting them. The filing also shows a significant increase in JPMorgan's holdings of BlackRock's Bitcoin and Ethereum ETFs, signaling continued institutional interest in regulated crypto investment products. While the XRP positions are relatively small, the larger increases in Bitcoin and Ethereum ETF holdings highlight a trend of major financial institutions gaining crypto market exposure without directly owning the underlying assets.

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