JPMorgan Chase increased its spot Bitcoin ETF holdings by 64% to $343 million. The bank added 2,067,134 shares of iShares Bitcoin Trust ETF, bringing its total to 5,284,190 shares. JPMorgan believes Bitcoin could reach $170,000 in the next 6 to 12 months. Bitcoin ETFs saw a net inflow of $240 million on November 6, breaking a six-day losing streak.

Leave a Reply