JPMorgan Chase has significantly increased its investment in BlackRock’s iShares Bitcoin Trust, boosting its holdings by 64% to 5.3 million shares, now valued at $343 million. This move underscores the growing institutional interest in Bitcoin and marks a notable shift in the stance of major financial institutions towards cryptocurrencies. The increase in holdings comes as Bitcoin recently reached a price peak of $100,000, reflecting a broader acceptance of digital assets within traditional finance sectors. This development highlights the evolving landscape of cryptocurrency investments among established financial entities.