Jane Street Increased Its Fidelity Bitcoin ETF Holdings Nearly 8x in Q3

TechFlow reported on November 13, citing Cointelegraph, that Jane Street increased its holdings of the Fidelity spot Bitcoin ETF (FBTC) nearly 8x in Q3, holding 7.01 million shares as of the end of September, up from about 887,000 shares at the end of June, with a quarter-end position value of about $509 million.

Over the same period, Jane Street's holdings of the BlackRock Bitcoin ETF (IBIT) fell from 24.88 million shares to 20.22 million shares, a decrease of about 19%; however, due to the rise in share price, the reported value of the position increased from $828 million to $957 million.

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

Source: TechFlow