J.P. Morgan Securities Held 11.2 Million IBIT Shares at Q3 End

J.P. Morgan Securities LLC held 11,198,915 shares of BlackRock’s iShares Bitcoin Trust (IBIT) as of Sept. 30. That was most of the 11,408,930 IBIT shares listed across JPMorgan’s full filing.

The broker-dealer held call options covering 3,703,200 IBIT shares and put options on 2,915,000 shares. Its Strategy (MSTR) position totaled 370,680 shares, with call options covering 349,500 shares and put options on 1,148,500 shares.

Across the full filing, JPMorgan listed IBIT shares worth about $540 million. Its Bitcoin ETF holdings totaled about $549 million, including other funds, as detailed in JPMorgan’s broader Q3 Bitcoin ETF holdings.

JPMorgan filed the report Thursday, Nov. 12. The figures reflect holdings at the end of September, not trades made on the filing date.