Jane Street Discloses Nearly $1 Billion Bitcoin ETF Position After $15 Billion Loss
Jane Street disclosed a $990 million bitcoin (BTC) exchange-traded fund (ETF) position in a Securities and Exchange Commission (SEC) filing. The filing, dated June 30, shows its largest stake in BlackRock's iShares Bitcoin Trust (IBIT).
The filing landed the same week Jane Street confirmed a $15 billion trading loss in July. The quantitative trading firm and major market maker called it its worst month in about a decade.
The Jane Street Bitcoin ETF Filing Is Just a Snapshot
The $990 million figure comes from a Form 13F. That filing only captures long ETF positions as of a single date, in this case six weeks ago. It says nothing about what Jane Street holds today.
However, Jane Street is not a directional Bitcoin investor. The firm operates primarily as a market maker and authorized participant across several spot Bitcoin ETFs.


