JPMorgan Unveils Its Underwhelming Bitcoin ETF Exposure

The post JPMorgan Unveils Its Underwhelming Bitcoin ETF Exposure appeared first on Coinpedia Fintech News

JP Morgan in its recent filing to the SEC disclosed its Bitcoin ETF holdings where its cumulative holdings are just $1.2 million. It currently has exposure to Blackrock, Fidelity, Grayscale and more. Its CEO Jamie Dimon is a strong Bitcoin critic who he previously suggested the US govt to shut down the largest crypto and also slammed it as a Ponzi scheme. However, JPM has been investing since the approval of BTC ETFs. Earlier On Friday, Wells Fargo also revealed its BTC ETF exposure hours before JPM disclosed.