JPMorgan discloses Solana ETF holdings: Is institutional interest in SOL rising?
The post JPMorgan discloses Solana ETF holdings: Is institutional interest in SOL rising? appeared on BitcoinEthereumNews.com. Institutions continue to stack more crypto either directly or through ETFs. Recently, JPMorgan Chase and Dartmouth College released their new Solana ETF holdings to the public. With the crypto market structure bill passing the Senate Banking Committee, adoption can only go higher. However, the bill has passed the most critical level but has yet to be signed into law. Institutional accumulation of Solana ETFs As per the latest Q1 13F filing, JPMorgan Chase disclosed that its Solana ETF position was at $523K. The banking institution was accumulating Bitwise’s Solana Staking ETF. Dartmouth College added to their SOL ETF stake, but their holdings in Bitcoin [BTC] and Ethereum [ETH] remained unchanged. The filing revealed the institution added $3.30 million, taking their total crypto exposure to $14.50 million. These positions meant that Bitwise’s Solana Staking ETF