Abu Dhabi · Bitcoin · Wall Street · Bitcoin ETF · JPMorgan · CryptoSlate
Bitcoin’s $16.3 billion Wall Street stress test splits into four positional patterns
Compiled by KHAO Editorial — aggregated from 1 source + 2 references discovered via search. See llms.txt for citation guidance.
◌ Single Source
The $16.3 billion in Bitcoin ETF positions that CryptoSlate recently tracked ahead of the Q2 filing deadline resolved into four disclosed position patterns.
Key facts
- Mubadala held 14,721,917 shares of BlackRock’s iShares Bitcoin Trust at both March 31 and June 30, while ADIC held 8,218,712 shares at both snapshots
- The observable pressure sits in the aggregate ETF data: the fund complex recorded about $4.89 billion of Q2 net outflows, including about $2.06 billion during June’s final five trading sessions
- JPMorgan’s IBIT call underlying amount rose from 3,775,000 to 3,945,000 shares, while its put underlying amount fell from 4,756,400 to 3,495,800
- Its ordinary spot-ETF holdings rose 13.20% to 414,191 shares, while IBIT call underlying equivalents climbed from 80,000 to 1,950,000 and put equivalents fell 52.75% to 143,300
Summary
01 Mubadala and ADIC held every IBIT share while their reported positions lost about 13.35% in value. 02 JPMorgan added 2.16 million ordinary spot-ETF shares, while UBS shifted sharply from puts toward calls. 03 Morgan Stanley cut external ETF units as its Bitcoin Trust appeared; filings do not prove a transfer between products. Two Abu Dhabi filers held their ordinary ETF share counts steady, JPMorgan increased ordinary spot-ETF units, UBS shifted its disclosed long-options mix, and Morgan Stanley reduced external ETF units as a new branded wrapper appeared in its filing.