Jane Street, the Wall Street giant, added approximately $630 million in Bitcoin ETFs in Q2, pushing its reported position to around $1.06 billion. This accumulation follows a 71% reduction in its BTC ETF exposure in Q1, signaling an opportunistic buying strategy after a major selloff. Bitcoin ETF net flows in Q3 have exceeded $500 million, though this remains insufficient to offset the $4 billion withdrawn in June. On August 17th, spot Bitcoin ETFs recorded a net inflow of $135 million, ending a three-day outflow sequence. If this trend continues, it could mark the beginning of a new institutional cycle for Bitcoin.
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