Jane Street Discloses Over $1 Billion in Bitcoin ETF Holdings

• Jane Street holds over $1 billion across US spot Bitcoin ETFs at quarter-end.
• BlackRock’s IBIT accounts for roughly $828 million of Jane Street’s ETF holdings.
• Jane Street’s ETF position reflects its deep role in Bitcoin market-making work.

Quant trading giant Jane Street has disclosed more than $1 billion in U.S. spot Bitcoin ETF, with the bulk of its exposure concentrated in BlackRock’s iShares Bitcoin Trust (IBIT). The filing provides a fresh look at how a major institutional trading firm is positioned within the rapidly expanding Bitcoin ETF market.

According to the disclosed holdings, Jane Street held roughly 24.9 million IBIT shares worth about $828 million at the end of the second quarter. The remaining exposure was spread across Bitcoin ETFs including Fidelity’s FBTC and Grayscale’s GBTC.

Importantly, the positions represent ETF shares rather than …

Read The Full Article Jane Street Discloses Over $1 Billion in Bitcoin ETF Holdings On Coin Edition.