Bitcoin · Wall Street · Blue Origin · Bitcoin ETF · Bitcoin Magazine
Jane Street Shares Nearly $1 billion Bitcoin Position
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Top Wall Street firm Jane Street has bought Bitcoin via the spot ETFs.
Key facts
- Quantitative trading firm and liquidity provider Jane Street has a nearly $1 billion bitcoin position, or 15,394 BTC at today’s prices
- Jane Street on Monday posted its first losing month in about a decade, revealing roughly $15 billion in July losses
- Despite the loss, Jane Street has made over $40 billion in net trading revenue year-to-date
- The lion’s share of the firm’s holdings are in BlackRock’s fund, with $828 million solely invested in the fund, according to the filing
Summary
Quantitative trading firm and liquidity provider Jane Street has a nearly $1 billion bitcoin position, or 15,394 BTC at today’s prices. But the position is not held in the form of digital coins: According to a regulatory filing with the Securities and Exchange Commission, the Wall Street giant holds $990 million in Bitcoin exchange-traded funds, spread across major ETFs like BlackRock’s iShares Bitcoin Trust, Fidelity’s Wise Origin Bitcoin Fund, and Grayscale’s Bitcoin Trust. The lion’s share of the firm’s holdings are in BlackRock’s fund, with $828 million solely invested in the fund, according to the filing. BlackRock’s fund is the biggest and most popular of the spot Bitcoin ETFs, which were approved and started trading at the beginning of 2024.