Jane Street Cuts Bitcoin ETF Exposure, Doubles Down on Ether in Q1 2026

TLDR: Jane Street cut its BlackRock IBIT position by roughly 71%, bringing the stake to about 5.9 million shares. The firm’s Fidelity FBTC holding dropped nearly 60%, falling to around 2 million shares by the end of Q1 2026. Combined additions to BlackRock and Fidelity Ether ETFs totaled approximately $82 million during the quarter. Galaxy [...]

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