- Bitcoin rose above $90,500 after US spot ETF inflows held for three straight days.
- JP Morgan holds over $332 million in BlackRock’s IBIT Bitcoin ETF.
- JP Morgan also holds $201 million in IBIT options, including calls and puts.
Bitcoin is trading above the $90,500 level on Sunday, continuing its upward trend as US spot Bitcoin ETFs recorded net inflows for a third consecutive day. Market participants attributed the gains to the ongoing positive fund flows and growing expectations of a rate cut by the Federal Reserve.
The inflows into spot Bitcoin ETFs have slowed in pace, but the consistency has improved investor confidence. The buying activity reflects continued institutional demand for regulated exposure to Bitcoin in the United States.
Crypto analytics firm Arkham reported that JP Morgan has increased its exposure to Bitcoin through BlackRock’s iShares Bitcoin Trust (IBIT) ETF. The bank now holds $332.8 million in IBIT shares and an additional $10.7 million in externally managed shares.
JP Morgan’s Structured Exposure to IBIT ETF
JP Morgan’s Bitcoin exposure through BlackRock’s IBIT ETF is not limited to direct holdings. Arkham’s dashboard shows the bank also holds $67.8 million in IBIT call options and $133.3 million in put options.
Arkham stated on X, “JP Morgan has bought over $300 million of IBIT,” confirming that the bank uses a mix of ETF shares and options. This structure gives the bank flexibility in managing exposure to Bitcoin price movements while staying within regulated instruments.
IBIT, launched in January 2024, is among the largest US-based spot Bitcoin ETFs. It trades on Nasdaq and holds tens of billions of dollars in assets. The fund’s high liquidity makes it attractive for institutions seeking exposure through public markets.
Steady Growth in Institutional Participation
Arkham also noted that JP Morgan has increased its IBIT position by around 64 percent during 2025, bringing its holdings to over $343 million. This reflects growing interest from traditional financial institutions in spot Bitcoin products.
Although the complete strategy behind the options and share holdings is not visible on-chain, the positions reflect structured risk-taking rather than directional bets alone. Arkham clarified that some of the put options may be part of broader hedging setups.
The sustained activity around ETFs like IBIT shows that regulated access points are becoming central to Bitcoin investment strategies in the United States.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
