JPMorgan Boosts Bitcoin ETF Holdings by 175% as BTC Falls Below $80K
Despite investors selling off $635 million in Bitcoin ETFs on May 13th, JPMorgan was steadily increasing its Bitcoin holdings.
Despite investors selling off $635 million in Bitcoin ETFs on May 13th, JPMorgan was steadily increasing its Bitcoin holdings.
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On May 4, the great savers sold 14,600 Bitcoin-an amount so large it almost swallowed the entire internet-cranking daily realized profits to a dizzying peak that hasn’t been seen since early December. CryptoQuant, the oracle of decimal squares, flagged this as a classic “sell‑and‑slip” pattern that historically tells us the money’s as ripe as a banana in a ‘90s sitcom.
According to the Financial Times, Deputy Governor Sarah Breeden-the human embodiment of “cautious”-admitted the bank is reviewing whether temporary holding limits on sterling stablecoins are necessary. She’s also wondering if their reserve rules are more restrictive than a Victorian-era corset. Spoiler: they are.
Wu Blockchain reported the notice on May 14, citing Upbit’s official announcement.
This report was the first time the company shared its financial performance with the public since it began trading on the New York Stock Exchange in January.
Key Takeaways (because who doesn’t love a good list?):

XWIN Research Japan recently highlighted data from CryptoQuant that illustrates the increasing importance of stablecoins. Their analysis of active ERC-20 stablecoin addresses shows a significant jump in usage starting in late 2025, peaking around 600,000 in 2026. This isn’t just about more stablecoins being available; it indicates a real increase in people actually using them for transactions on the blockchain. For the first time, stablecoins are being used as a practical way to send and receive payments at a substantial scale.

Crypto analyst Celal Kucuker predicts Dogecoin could reach seven different price points, and believes a big price increase will largely depend on support from Elon Musk.

I’m feeling a bit more optimistic about the market lately, and a big part of that is the progress on the CLARITY Act. It seems like lawmakers have finally found some common ground, especially when it comes to how stablecoins can earn yield, which is a relief. That compromise is definitely helping improve the overall mood.