Jane Street Reveals Over $1 Billion Invested in Bitcoin ETFs
š° Jane Street disclosed over $1 billion in U.S. spot Bitcoin ETF holdings, primarily in BlackRock's iShares Bitcoin Trust, as of Q2 2023.
š The firm significantly increased its investment in crypto ETFs, holding over 1.2 million shares of Bitwise's spot XRP ETF, up from just 20,605 shares three months prior.
š The reported holdings reflect only a snapshot of long positions, as Jane Street is a major market maker and also engages in various short, futures, and derivative products.
š° Jane Street disclosed over $1 billion in U.S. spot Bitcoin ETF holdings, primarily in BlackRock's iShares Bitcoin Trust, as of Q2 2023.
š The firm significantly increased its investment in crypto ETFs, holding over 1.2 million shares of Bitwise's spot XRP ETF, up from just 20,605 shares three months prior.
š The reported holdings reflect only a snapshot of long positions, as Jane Street is a major market maker and also engages in various short, futures, and derivative products.