Jane Street Nearly Doubled Its Bitcoin ETF Book In Q3: What The Filing Really Shows

One of Wall Street’s biggest trading firms just showed its Bitcoin hand. But reading it correctly takes more than a glance at the headline numbers. Jane Street’s latest Form 13F, filed with the SEC on Nov. 12, shows its combined stake in three major spot Bitcoin ETFs rose from about $926 million at the end of June to $1.79 billion by Sept. 30, according to sources. The headline move is a reshuffle between the two biggest funds. Here is what changed, and what it does and does not tell Bitcoin investors. From BlackRock To Fidelity The standout change was in Fidelity’s Wise Origin Bitcoin Fund (FBTC). Jane Street grew its position from 886,736 shares to 7,010,008 shares, an increase of roughly 691%.

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