JPMorgan Chase increased its investment in the iShares Bitcoin Trust (IBIT) during the first quarter of 2026. The bank boosted its holdings by approximately 174% compared to the previous quarter. JPMorgan now holds 8.3 million shares of the fund.
This accumulation highlights growing institutional demand for regulated cryptocurrency exposure. However, the filing contrasts with recent market activity, including a notable net outflow from IBIT on May 13. U.S. spot Bitcoin ETFs overall experienced withdrawals on that date as some investors rebalanced portfolios.