JPMorgan and Morgan Stanley Lift Bitcoin and Ether ETF Positions in Q2

TL;DR

• JPMorgan raised its IBIT holdings about 25% to 10.4 million shares and more than quadrupled its ETHA position to roughly 1.17 million shares.
• Morgan Stanley increased IBIT holdings 23% to 16.5 million shares, while its ETHA position jumped about 202% to 4.6 million shares.
• Analysts caution that 13F filings include client and inventory positions and exclude shorts, so higher reported ETF holdings do not prove outright bullish bets by themselves.

JPMorgan and Morgan Stanley both increased reported exposure to Bitcoin and Ether exchange-traded funds during the second quarter, according to their latest Form 13F filings. JPMorgan raised its BlackRock iShares Bitcoin Trust position about 25% to 10.4 million shares from 8.3 million, while Morgan Stanley lifted its IBIT stake 23% to roughly 16.5 million shares. The notable development is that two Wall Street giants expanded crypto fund holdings during a quarter when digital asset prices weakened. That contrast makes the filings look significant, even if they do not reveal each bank’s true directional conviction overall.

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