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Jane Street Reduces Bitcoin ETF Holdings While Expanding Ethereum Exposure
Jane Street sharply reduced its Bitcoin ETF holdings in Q1 2026, cutting stakes in BlackRock IBIT, Fidelity FBTC, and MicroStrategy. Despite lowering Bitcoin exposure, the firm increased investments in Ethereum ETFs, Coinbase, and Riot Platforms. The move signals a strategic portfolio reallocation rather than a withdrawal from the crypto market.
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