JPMorgan Buys More Strategy and Bitcoin ETF Despite MSCI Saylor Blow

JPMorgan is quietly increasing its Bitcoin exposure while the crypto market is being beaten up. The banking giant raised its Strategy holdings by 36% and added another 1 million shares of BlackRock’s iShares Bitcoin Trust (IBIT). JPMorgan Bitcoin positioning makes an interesting contrast with the current market panic. Bitcoin has plunged below $70,000, wiping out leveraged bullish bets and dragging major altcoins lower. Meanwhile, Michael Saylor’s Strategy faces another institutional headache after MSCI confirmed its removal from major equity indexes. Wall Street might be seeing something that the market is missing. JPMorgan’s latest holdings show institutional exposure was growing before the latest sell-off, even as Strategy faces mounting pressure. Could this be smart money positioning for Bitcoin’s next recovery?

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