JPMorgan’s $4.38B Surge to 17th Rank Fuels Crypto Integration and Record Returns

On July 31, 2025, JPMorgan Chase (JPM) reported a trading volume of $4.38 billion, a 81.36% increase from the prior day, ranking 17th in market activity. The stock closed down 1.13% for the session.

JPMorgan Chase and Coinbase announced a strategic partnership to expand cryptocurrency access for JPM’s 80 million customers. The collaboration introduces three core features: Chase credit cardholders will gain the ability to fund Coinbase accounts directly via card starting this fall. By 2026, customers will link Chase bank accounts to Coinbase wallets through JPM’s secure API and transfer Chase Ultimate Rewards points to crypto wallets. This marks the first integration of a major credit card rewards program with a cryptocurrency platform.

Executives emphasized enhanced security and flexibility for customers. JPMorgan Chase’s Melissa Feldsher highlighted the partnership’s role in enabling “new and exciting” uses for rewards points, while Coinbase’s Max Branzburg framed it as a step toward “lowering barriers to entry” for onchain financial services. The move aligns with JPMorgan’s broader digital asset strategy, including prior expansions into crypto ETFs and potential bitcoin-backed lending.

The strategy of purchasing the top 500 stocks by daily trading volume and holding them for one day delivered a 166.71% return from 2022 to the present. This outperformed the benchmark return of 29.18%, generating an excess return of 137.53%. The approach’s success is attributed to capturing liquidity-driven momentum, as seen in high-volume surges for stocks like VICI Properties and Eli Lilly. However, the strategy’s reliance on evolving market dynamics underscores its potential sensitivity to structural shifts over time.