📊 Jane Street piles into Fidelity's Bitcoin ETF and trims BlackRock's IBIT
Trading giant Jane Street lifted its stake in Fidelity's spot Bitcoin ETF (FBTC) nearly eightfold in Q3, to 7.01 million shares worth $509 million at the end of September, its latest 13F filing shows.
Its holdings of BlackRock's IBIT fell 19% to 20.22 million shares, though a higher share price lifted that stake's value to $957 million. The firm also added about 9 million shares of ARK 21Shares' ARKB (about $249 million) and more than doubled its position in BlackRock's Ethereum ETF.
⭐ One of the biggest institutional ETF holders is spreading its crypto exposure across more funds rather than leaving, a signal worth watching as ETF outflows mount.
#JaneStreet #BitcoinETF #FBTC #IBIT #Ethereum
Trading giant Jane Street lifted its stake in Fidelity's spot Bitcoin ETF (FBTC) nearly eightfold in Q3, to 7.01 million shares worth $509 million at the end of September, its latest 13F filing shows.
Its holdings of BlackRock's IBIT fell 19% to 20.22 million shares, though a higher share price lifted that stake's value to $957 million. The firm also added about 9 million shares of ARK 21Shares' ARKB (about $249 million) and more than doubled its position in BlackRock's Ethereum ETF.
⭐ One of the biggest institutional ETF holders is spreading its crypto exposure across more funds rather than leaving, a signal worth watching as ETF outflows mount.
#JaneStreet #BitcoinETF #FBTC #IBIT #Ethereum
