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Brian Njuguna

Wells Fargo Raises Spot Ethereum ETF Holdings in Q1 2026 as JPMorgan Plans JLTXX Fund

Wells Fargo increased its spot Ethereum ETF exposure in Q1 2026, lifting iShares Ethereum Trust holdings from about 672,600 shares in Q4 2025 to nearly 1.1 million, while also growing its Bitwise Ethereum ETF position to around 257,000 shares. Separately, JPMorgan Chase filed to launch a tokenized money market fund on Ethereum under the ticker JLTXX, designed to hold U.S. Treasurys and overnight repo backed by Treasurys and cash.
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