Jane Street boosts Fidelity Bitcoin ETF holdings nearly 8x, trims IBIT
Summary
Trading firm Jane Street significantly increased its position in Fidelity's spot Bitcoin exchange-traded fund during the third quarter. At the same time, the company reduced its holdings in BlackRock's competing crypto fund, though rising share prices pushed the total value of that remaining investment higher.
Jane Street ended Q3 with 19% fewer shares in BlackRock’s Bitcoin ETF, and a higher share price lifted the stake’s value to $957 million.
Source: Read the full story at Cointelegraph.com News
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