Recently, the bank revealed its holdings and shares of Bitcoin ETFs. According to the disclosure that was shown in a recent filing, the bank owns a small amount of Bitcoin ETFs, valued at $1.2 million.
Although the amount is not a large amount, it reveals the growing acceptance of these funds among major financial institutions.
Recently, Robert Mitchnick of BlackRock revealed that major financial institutions, such as pension funds, are preparing to get involved in Bitcoin ETFs.
Edmond de Rothschild (Suisse) SA now also owns $4.2 million worth of Bitcoin ETF shares.
Wells Fargo, also a major US bank, disclosed its holdings of the Bitcoin ETF in a regulatory filing earlier yesterday.
It is ironic that Jamie Dimon, CEO of JPMorgan, is one of the biggest critics of Bitcoin, as he recently called on the United States government to ban the digital currency Bitcoin, but the bank he runs does not care about what he says as much as he is looking for interest and returns from assets and investment funds.
