Jane Street boosts Fidelity Bitcoin ETF holdings nearly 8x, trims IBIT

This significant valuation was achieved despite the firm reducing its stake in the ETF by 19% during that period.

Jane Street's actions highlight shifting positions within the rapidly evolving digital asset landscape.

The firm trimmed its involvement with IBIT, signaling strategic adjustments to its crypto exposure.

These moves reflect the ongoing market dynamics surrounding Bitcoin investment vehicles.

Earlier coverage

• Bitcoin firm Nakamoto owes Kraken $165 million, more than its entire market value Nov 13
• Bitcoin ETFs see $1.5 billion net outflows this year Nov 13
• Bitcoin dips, Nvidia falls, ETF outflows hit $299.9 million Nov 12