Jane Street increased its holdings of Fidelity’s spot Bitcoin ETF, the Fidelity Wise Origin Bitcoin Fund, to 7.01 million shares in the third quarter, up from about 887,000 at the end of June. The position was worth $509 million on September 30. Meanwhile, the firm’s holdings of BlackRock’s IBIT fell 19% to 20.22 million shares, although a higher share price lifted the reported value of the stake to $957 million. Jane Street also added nearly 9 million shares of ARK 21Shares’ Bitcoin ETF, worth about $249 million, and more than doubled its holdings of BlackRock’s ETHA. JPMorgan increased its IBIT holdings by 9.6%, while Laurore cut its stake by 33% and JPMorgan nearly liquidated its direct ETHA holdings.
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