🚨 JPMorgan just increased its exposure to $BTC and Ether ETFs JPMorgan reported a 25% increase in its IBIT position during Q2, reaching around 10.4M shares worth ~$356M. But the bigger move was in Ethereum. Its position in BlackRock’s ETHA more than quadrupled, from roughly 267K shares to 1.17M. JPMorgan also reported small new positions in XRP investment products, while trimming several Bitcoin mining stocks. Of course, a 13F doesn’t necessarily mean JPMorgan is making a direct bullish bet. The holdings can include client-related positions, and the filing doesn’t show short exposure. Still, one thing is getting harder to ignore: traditional financial institutions are becoming increasingly comfortable holding crypto ETFs. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#