JPMorgan Expands Bitcoin Exposure And Returns to XRP
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Is Wall Street taking advantage of crypto volatility to advance its pieces? In the second quarter of 2026, JPMorgan significantly increased its exposure to bitcoin and Ethereum, while reconnecting with XRP. The bank's latest regulatory filings reveal $355.7 million invested in BlackRock's IBIT Bitcoin ETF, as well as a 338% increase in its position on the Ethereum ETHA ETF. This move contrasts with recent capital outflows recorded by spot Bitcoin ETFs and reveals a striking gap between short-term turbulence and institutional choices.
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