Jane Street slashes Bitcoin ETF holdings, adds Ether funds in Q1 2026

Jane Street cut Bitcoin ETF holdings sharply in Q1 2026, including IBIT and FBTC, while adding at least $82 million in Ether ETF exposure.

Wall Street market maker Jane Street reduced its exposure to Bitcoin exchange-traded funds (ETFs) in the first quarter of 2026 while increasing positions in Ether funds.

Jane Street cut major Bitcoin ETF holdings in Q1 2026, including BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC), according to a 13F filing published Tuesday.

IBIT holdings fell about 71% from Q4 2025 to roughly 5.9 million shares valued at about $225 million, while FBTC dropped about 60% to around 2 million shares worth roughly $115 million.

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