#JaneStreetReducesBitcoinETFHoldings Jane Street's recent portfolio rebalancing in Q1 2026 marks a significant shift in institutional crypto strategy, moving away from a heavy reliance on Bitcoin-linked instruments. According to their latest 13F filing, the quantitative giant slashed its holdings in BlackRock’s iShares Bitcoin Trust (IBIT) by 71% to approximately 5.9 million shares. Similarly, its position in the Fidelity Wise Origin Bitcoin Fund (FBTC) was reduced by 60%, and its stake in Strategy (MSTR) plummeted by 78%.


However, this reduction is not a retreat from the sector but a deliberate rotation. Simultaneously, Jane Street nearly doubled its exposure to Ether (ETH) ETFs, adding roughly $82 million across BlackRock and Fidelity products. The firm also increased positions in crypto equities like Coinbase (COIN) and Galaxy Digital (GLXY). This maneuver suggests a search for relative value and a growing institutional appetite for Ethereum and infrastructure-based assets over pure Bitcoin exposure
BTC-2.01%
IBIT-1.44%
MSTR-3.38%
ETH-2.91%
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