JPMorgan increased its crypto ETF exposure in Q1, even as Bitcoin fell more than 20%.
The biggest move: its position in BlackRock’s IBIT jumped 174%.
The bank also added exposure to Fidelity, Bitwise, Ethereum, and Solana-linked funds, opened a new Solana ETF position, and exited its XRP ETF exposure.
Institutional demand may be quieter in weak markets — but it clearly has not disappeared.
A group of 12 major European banks is teaming up to bring the euro on-chain, driven by a growing concern that crypto markets are becoming overwhelmingly dominated by the U.S. dollar.
🚨MASTERCARD, WESTERN UNION EXPLORES SOLANA ENTERPRISE API
Mastercard, Worldpay, and Western Union are early participants exploring stablecoin settlement, merchant payments, and cross-border transfers.
Test version is live now. Full rollout expected in 2026.