J.P. Morgan Chase revealed increasing Bitcoin and Ethereum ETF holdings, returning to XRP and opening new Solana positions

Comparatively, according to Coinpedia, J.P. Morgan Chase's second-quarter 13F documents, with an asset management scale of about 5.1 trillion US dollars, submitted to the US SEC showed a significant adjustment in its crypto-related ETF holdings. In terms of Bitcoin, the bank holds a total of about 10.4 million shares of BlackRock IBIT, worth about US$355.7 million as of June 30, up from about 8.3 million shares and nearly US$162 million in the first quarter; IBIT's bullish options increased to about 3.94 million, and put options fell from about 4.75 million to about 3.5 million.

On the Ethereum side, J.P. Morgan holds nearly 1.17 million shares of BlackRock ETHA worth of about $14.3 million, an increase of 338% over the previous quarter, but the value of Bitcoin positions is still more than 20 times that of ETHA. On the XRP side, the bank re-established positions after the relevant positions returned to zero in the first quarter, holding a small share of the Bitwise XRP ETF and Grayscale XRP Trust ETF, and holding about 19,900 Armada Acquisition Corp II shares related to Ripple-backed transactions, worth about $207,000.

In addition, the document also shows that J.P. Morgan Chase created a new Bitwise Solana staking ETF position, about 47,500 shares. The article also mentioned the recent net outflow of US spot Bitcoin ETFs, and the next 13F, which covers the third quarter, is expected to be disclosed in November.