Jane Street significantly reduces bitcoin ETF holdings and increases ethereum ETF holdings
Foresight News reported that, according to the 13F filing released by quantitative trading firm and market maker Jane Street, its IBIT holdings have dropped significantly from approximately 20.3 million shares to around 5.9 million shares, a decrease of about 71%. FBTC also fell from around 4.9 million shares to about 1.95 million shares, a decrease of roughly 60%. On the other hand, Jane Street increased its allocation to Ethereum ETFs, adding a combined exposure of approximately $82 million in ETHA and FETH. Jane Street also reduced its Strategy (MSTR) holdings, while increasing its investments in stocks such as Galaxy Digital, Circle, a certain exchange, and BitMine.
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