🚨BULLISH: JPMorgan Boosts Bitcoin ETF Bet Despite Market Pullback



JPMorgan disclosed 8.3 million shares of BlackRock’s IBIT, worth roughly $390 million at current prices. That marks a 174% increase, added during a quarter when Bitcoin fell 22%.

The move shows large institutions are still building exposure during drawdowns, even as short-term price action remains volatile.

#GateSquareMayTradingShare
BTC2.39%
IBIT2.23%
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ExitLiquidityIntern
· 2h ago
Institutions never hesitate to buy the dip
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TheHotAirBalloonRisesAboveThe
· 2h ago
Others' fear, my greed: a textbook example
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GateUser-a65ee044
· 2h ago
#GateSquareMayTradingShare This wave is drinking soup with institutions
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GateUser-ebdc7d3a
· 2h ago
Short-term fluctuations scare off retail investors, feeding the whales
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There'sABullMarketInTheGlass.
· 2h ago
390 million is probably just pocket change for Morgan.
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SudoSoul
· 2h ago
JPM-level entry indicates that the underlying logic has not changed
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