Quant firm Jane Street reports $1 billion in U.S. spot Bitcoin ETF holdings, with $828 million in BlackRock’s IBIT fund.
Quantitative trading firm Jane Street disclosed holdings of over $1 billion in U.S. spot Bitcoin ETFs as of June 30. The largest position, valued at approximately $828 million, is in BlackRock’s IBIT fund, with additional investments in Fidelity’s FBTC and Grayscale’s GBTC.
The disclosure marks one of the largest reported institutional allocations to Bitcoin ETFs since their U.S. launch earlier this year. The holdings reflect ETF shares rather than direct Bitcoin ownership, highlighting growing institutional adoption of regulated crypto products.
No immediate market reaction was detailed in the disclosure, though the scale of the holdings underscores rising institutional interest in Bitcoin exposure through traditional financial instruments.