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JPMorgan Chase, the largest bank in America, has revealed exposure to spot Bitcoin Exchange-Traded Funds (ETFs) in a newly filed document with the Securities and Exchange Commission (SEC) today.
Phoenix Trades
The SEC filing by JPMorgan Chase provides specific insights into the bank’s exposure to spot Bitcoin ETFs. The bank currently has exposure to spot Bitcoin ETFs issued by some of the largest asset managers in the world: BlackRock, Fidelity, Grayscale, and more.
Though, the amount of money allocated to each ETF seems a bit underwhelming, taking into consideration how…
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