By Isaac • November 13, 2026 7:34 pm •
JPMorgan Chase’s latest securities filing puts a number on something Wall Street has spent years trying to describe more carefully: its exposure to the crypto economy is now substantial.
The bank disclosed close to $1 billion in crypto-linked stocks and funds as of September 30. That does not mean JPMorgan bought $1 billion of Bitcoin for its own treasury.
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It does mean the largest U.S. bank is operating at a scale that is difficult to dismiss as experimental.
Decrypt reviewed JPMorgan’s quarterly 13F and calculated roughly $981 million across spot Bitcoin exchange-traded funds, Strategy shares and Coinbase stock. Adding smaller positions in Robinhood and Bitcoin miners would likely push the total beyond $1 billion.
The filing
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