In the first quarter of 2026, JPMorgan Chase has notably increased its exposure to Bitcoin exchange-traded funds (ETFs), particularly influenced by the growing popularity of BlackRock's iShares Bitcoin Trust. The bank reported a significant 36% increase in its holdings of the iShares Ethereum Trust (ETHA), bringing its total to 266,734 shares. Additionally, JPMorgan has seen a sharp rise in its position in the Bitwise Ethereum ETF (ETHW). In contrast, the bank has completely exited its position in XRP-linked ETFs, reducing its Bitwise XRP ETF holdings from 3,870 shares to zero. This strategic shift indicates a move towards more established cryptocurrencies like Bitcoin and Ethereum. Furthermore, while JPMorgan reduced its stakes in companies such as Robinhood Markets, Coinbase, Galaxy Digital, and Bitdeer Technologies Group, it expanded its investments in Block, MARA Holdings, Core Scientific, and PayPal, reflecting a mixed approach to its crypto-linked equity positions.