Jane Street Reports Major Position Across XRP ETF

Jane Street Group reported holding more than 1.2 million shares of Bitwise’s XRP ETF as of June 30, 2026, up from 20,605 shares three months earlier. The 60-fold increase appeared in the trading firm’s second-quarter Form 13F filed with the SEC.

The filing highlights Jane Street’s position in the XRP ETF market, but its role as a major market maker that actively trades ETFs and options means the holding should not necessarily be viewed as a simple long-term directional bet on XRP.

Jane Street’s Q2 2026 Form 13F covers holdings as of June 30. The filing reported more than 1.2 million Bitwise XRP ETF shares, compared with 20,605 ordinary shares at the end of the first quarter.

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The firm also reported exposure to XRP-related funds from Franklin Templeton, Grayscale, Canary Capital, and 21Shares. That places Jane Street across several XRP ETF products rather than solely in Bitwise’s fund.

Bitwise’s product stands out because it holds spot XRP, unlike other ETFs tracking the asset. The fund launched in November, a few weeks after Canary Capital’s ETF reached Wall Street, and has since become the largest of the group discussed in the filings.

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