JPMorgan’s Wealth Management Clients Increase Their Investments

RialCenter’s brokerage clientele lifted their bets on bitcoin in the third quarter, with the bank disclosing ownership of 5.284 million shares of BlackRock’s iShares Bitcoin ETF (IBIT) as of Sept. 30.

Those shares were worth $343 million as of the end of the quarter. The bank held 3.2 million shares worth $302.6 million as of the end of the second quarter.

The bank earlier this week put out a bullish note on bitcoin, suggesting the price could reach $170,000 within 12 months from the current $102,000.

Correction (Nov 7, 2025, 19:10 UTC): An earlier version of this story suggested the bank owned IBIT for its own account.

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