JPMorgan, with AUM of $5.1 trillion, has revealed its quarter two (Q2) report with the U.S SEC. Its latest SEC filing shows a sharp rise in Bitcoin exposure and a 338% jump in Ethereum ETF holdings.
The bank also returned to XRP through two ETF positions and added a new position in the Bitwise Solana Staking ETF.
JPMorgan Doubles Down on Bitcoin ETF Exposure
According to JPMorgan’s Q2 2026 13F filing, the bank held a combined 10.4 million shares of BlackRock’s IBIT, worth about $355.7 million as of June 30. These shares appear across three separate IBIT fund entries in the filing and add up to the reported total.
That marks a sharp increase from the first quarter, when JPMorgan reported about 8.3 million IBIT shares worth nearly $162 million.
JPMorgan’s options position also shifted during the quarter. IBIT call options increased to 3.94 million, while put options dropped from 4.75 million to about 3.5 million.
The increase comes even as Bitcoin ETF flows have remained unstable. U.S. spot Bitcoin ETFs recorded $131.1 million in net outflows on Aug. 13, following a much larger $61.16 million outflow on Aug. 12.
Ethereum ETF Exposure Jumps 338%
JPMorgan’s Q2 filing also showed a much larger position in BlackRock’s iShares Ethereum Trust (ETHA). The bank held nearly 1.17 million ETHA shares worth about $14.3 million, marking a 338% increase from the previous quarter.
The ETHA position shows that JPMorgan has increased its exposure to both Bitcoin and Ethereum through U.S.-listed ETF products.
However, the size of the Bitcoin position remains much larger. JPMorgan’s IBIT holdings are more than 20 times the value of its reported ETHA position.
JPMorgan Added XRP Back Through ETFs
The biggest surprise in the filing may be JPMorgan’s return to XRP.
The bank’s Q1 filing showed that its Bitwise XRP ETF position had fallen from 3,870 shares to zero. The latest filing reverses that move, showing fresh exposure through both the Bitwise XRP ETF and Grayscale XRP Trust ETF.
The Bitwise position was worth about $1,356, while the Grayscale XRP ETF holding was valued at roughly $3,763.
JPMorgan also reported 19,894 shares of Armada Acquisition Corp II, worth approximately $207,295. The company is linked to a Ripple-backed deal and trades under the XRPN ticker.
In addition, JPMorgan initiated a new position in the Bitwise Solana Staking ETF (BSOL), holding roughly 47,500 shares.
The next 13F filing, expected in November, will show whether the bank continued adding Bitcoin, Ethereum, and XRP exposure during Q3 or reduced its positions.
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