Big news about a famous bank and Bitcoin! JPMorgan, a huge bank, recently showed it now owns more Bitcoin than before. They bought more Bitcoin using special funds called ETFs, which are like baskets of investments. This shows that even big banks are getting interested in Bitcoin.
- JPMorgan bought more Bitcoin through ETFs.
- They increased their Bitcoin holdings by almost 70%.
- They also own a little bit of Ethereum, another cryptocurrency.
| Cryptocurrency | Amount (Approximate) |
|---|---|
| Bitcoin (through ETFs) | $1 million |
| Ethereum (through ETFs) | $39,569 |
