Jane Street Increases Fidelity Bitcoin ETF Holdings Nearly Eightfold in Third Quarter

On November 13, TechFlow reported that, according to Cointelegraph, Jane Street increased its position in the Fidelity Spot Bitcoin ETF (FBTC) nearly eightfold in the third quarter, holding 7.01 million shares as of the end of September, up from approximately 887,000 shares at the end of June, with a quarter-end valuation of approximately $509 million.

During the same period, Jane Street's holdings of the BlackRock Bitcoin ETF (IBIT) decreased from 24.88 million shares to 20.22 million shares, a reduction of approximately 19%; however, due to rising share prices, the reported value of this position increased from $828 million to $957 million.

Additionally, the firm added nearly 9 million shares to its position in the ARK 21Shares Bitcoin ETF (ARKB), and increased its holdings in the BlackRock Ethereum ETF (ETHA) by 7.83 million shares, more than doubling its ETHA position.