JP Morgan Buys 1,974,144 Shares in Ethereum Treasury Firm BitMine

TLDR: JP Morgan purchased 1.97M BitMine shares worth $102.5M, expanding into Ethereum-linked assets. The bank reduced its $SBET stake by 70%, signaling a pivot toward blockchain exposure. Ark Invest added 240K BMNR shares across three ETFs amid a 9.8% price drop. Institutional investors are increasingly targeting Ethereum-aligned equities for indirect crypto exposure. JP Morgan has [...]

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