Key facts
- JPMorgan reported 11,408,930 IBIT shares worth about $540 million, a 9.6% increase in shares from the prior quarter.
- Total spot Bitcoin ETF exposure was around $549 million, including Grayscale and Bitwise funds, per the filing.
- The Strategy position was valued at about $131.3 million, up from $57.9 million a quarter earlier.
- JPMorgan also disclosed sizable options tied to IBIT and Strategy, alongside stakes in Robinhood, Core Scientific and Hut 8.
- The 13F is a snapshot as of September 30 and does not necessarily reflect directional bets, the report said.
JPMorgan Chase reported roughly $981 million of crypto-linked holdings in its quarterly 13F filing with the Securities and Exchange Commission as of September 30, 2026, according to the filing as reported by Decrypt. The 13F is the form large institutional managers file to report their holdings.
The largest position was 11,408,930 shares of BlackRock's iShares Bitcoin Trust, or IBIT, worth about $540 million, a 9.6% increase in shares from the prior quarter when the holding was valued at roughly $356 million. Smaller positions in Grayscale's and Bitwise's Bitcoin ETFs brought total spot Bitcoin ETF exposure to around $549 million.
JPMorgan raised its stake in Strategy, the Bitcoin treasury company, 36% to 848,932 shares from 624,387 at the end of June. The position was valued at about $131.3 million, up from $57.9 million a quarter earlier, reflecting both added shares and a rise in Strategy's stock over the period. A roughly $301 million stake in Coinbase rounded out the core holdings, alongside positions in Robinhood and miners including Core Scientific and Hut 8. JPMorgan also disclosed sizable options tied to IBIT and Strategy.
The report said the filing is a snapshot as of September 30 and does not capture later moves, nor does it necessarily reflect directional bets. Banks often hold such positions to hedge or to facilitate client trades rather than to wager on price, so the near-$1 billion figure is better read as the scale of JPMorgan's crypto-market activity than as a conviction call, the report said.