Jane Street Boosts Bitcoin ETF Holdings to $1.06B in Q2 After Earlier Reduction

BitcoinWorld Jane Street Boosts Bitcoin ETF Holdings to $1.06B in Q2 After Earlier Reduction Wall Street market maker Jane Street increased its Bitcoin exchange-traded fund (ETF) holdings by $630 million in the second quarter of the year, bringing its total positions to $1.06 billion, according to a recent 13F filing with the U.S.

Securities and Exchange Commission. This move reverses a previous reduction in the first quarter, when the firm had cut its Bitcoin ETF exposure by 71%.

Background: A Shift in Strategy Jane Street, a major liquidity provider and proprietary trading firm, had significantly trimmed its Bitcoin ETF holdings in Q1, sparking speculation about its stance on crypto assets.

The latest filing, however, signals a renewed appetite for digital assets among institutional players. The $630 million purchase in Q2 underscores a broader trend of traditional financial institutions increasingly embracing Bitcoin as an asset class.