Jane Street Cuts Bitcoin ETFs, Boosts Ether Exposure
Cointelegraph
Jane Street significantly reduced its Bitcoin ETF and MicroStrategy holdings in Q1 2026 while expanding its investments in Ether ETFs and select crypto-linked equities.Summary
In a strategic portfolio reshuffling during the first quarter of 2026, market maker Jane Street significantly reduced its holdings in major Bitcoin ETFs, such as BlackRock’s IBIT and Fidelity’s FBTC, while simultaneously cutting its stake in MicroStrategy. Despite this pullback from Bitcoin-linked assets, the firm increased its exposure to Ether ETFs and expanded positions in specific crypto-related companies, including Riot Platforms, Coinbase, and Galaxy Digital. These 13F filings reflect a tactical shift toward Ether and selective equities rather than a total departure from the cryptocurrency sector, occurring alongside the firm's record-breaking quarterly trading revenue.
(Source：Cointelegraph)