JPMorgan and Morgan Stanley are increasing their crypto exposure even as Bitcoin falls.
JPMorgan more than doubled its IBIT stake to $355.7 million and increased its Ethereum ETF holdings by 338%.
Morgan Stanley raised its IBIT position 23% to 16.5 million shares and also added new exposure to a Solana fund.
The buying came despite Bitcoin falling sharply in the first half of 2026, while spot Bitcoin ETFs recorded net outflows this week.
JPMorgan more than doubled its IBIT stake to $355.7 million and increased its Ethereum ETF holdings by 338%.
Morgan Stanley raised its IBIT position 23% to 16.5 million shares and also added new exposure to a Solana fund.
The buying came despite Bitcoin falling sharply in the first half of 2026, while spot Bitcoin ETFs recorded net outflows this week.