JPMorgan's recent investment in Bitmain has raised eyebrows in the cryptocurrency world. A 13F-HR report filed with the SEC reveals that JPMorgan holds approximately 1.97 million shares of Bitmain, valued at $102 million as of September 30th. Bitmain, while known for its Bitcoin mining hardware, is also significantly invested in Ethereum. The company currently possesses around 3.24 million ETH. This investment by JPMorgan underscores the growing institutional interest in companies with substantial cryptocurrency holdings, even if indirectly. It also suggests a potential long-term bullish outlook on Ethereum's future from a major financial player. ```