Morgan Stanley and JPMorgan increased their exposure to cryptocurrency ETFs in the second quarter, with both banks adding to their Bitcoin and Ethereum positions despite a volatile period for digital assets, according to SEC filings.
JPMorgan increased its IBIT stake to about 10.4 million shares from 8.3 million and more than quadrupled its position in BlackRock’s Ethereum ETF to roughly 1.17 million shares. It also added positions in Solana and XRP investment products.
The filings highlight growing institutional adoption of crypto ETFs, with the biggest banks expanding exposure across Bitcoin, Ethereum and newer crypto assets.






