JPMorgan Chase, a leading U.S. financial company, recently disclosed investments in various Bitcoin exchange-traded funds (ETFs) such as Grayscale, ProShares, Bitwise, BlackRock, and Fidelity. In a filing with the SEC on May 10, the company revealed holdings of around $760,000 in ProShares Bitcoin Strategy ETF (BITO), BlackRock's iShares Bitcoin Trust (IBIT), Fidelity’s Wise Origin Bitcoin Fund (FBTC), Grayscale Bitcoin Trust (GBTC), and the Bitwise Bitcoin ETF. Additionally, JPMorgan Chase reported ownership of 25,021 shares valued at approximately $47,000 in Bitcoin Depot, a crypto ATM provider. This disclosure coincided with similar reports from Wells Fargo and Susquehanna International Group. The SEC cautioned that the information provided by JPMorgan Chase may not be entirely accurate. The approval of spot Bitcoin ETFs in January has paved the way for potential decisions on spot Ether ETFs by May 23. Experts anticipate a ruling on an application from VanEck, a prominent asset manager. Read more AI-generated news on: https://app.chaingpt.org/news