JPMorgan Chase's second-quarter SEC Form 13F filing showed the bank increased its reported holding in BlackRock's iShares Bitcoin Trust ETF, or IBIT, to about 10.4 million shares worth roughly $356 million as of June 30 from about 8.3 million in the prior quarter, while its iShares Ethereum Trust ETF, or ETHA, stake rose more than fourfold to about 1.17 million shares from roughly 267,000. The filing also disclosed small XRP-linked positions after none were reported in those products in the first quarter, including 181 shares of Grayscale's XRP product worth $3,763 and 113 shares of Bitwise's XRP ETF worth $1,356, alongside earlier reported exposure to the Bitwise Solana Staking ETF and Armada Acquisition Corp II. PrimeXBT senior market analyst Jonatan Randin said the filing, which includes 17 other investment managers across JPMorgan, can reflect client activity and inventory as well as proprietary positions, while excluding shorts and leaving the bank's net market view unclear. JPMorgan also reduced holdings in several Bitcoin miners, which Randin said are becoming less direct proxies for Bitcoin as some expand into artificial intelligence and high-performance computing.