The firm reduced exposure to Bitcoin ETFs and miners while increasing positions in Ether ETFs and crypto-related equities.
Jane Street significantly reduced its Bitcoin-related holdings in Q1 2026, trimming positions in BlackRock’s IBIT and Fidelity’s FBTC ETFs, as well as several Bitcoin mining firms. The move marks a shift in strategy amid evolving market conditions.
The firm simultaneously expanded its exposure to Ether ETFs from BlackRock and Fidelity, alongside increasing stakes in crypto equities like Riot Platforms, Coinbase, and Galaxy Digital. The adjustments reflect a broader reallocation within its digital asset portfolio.
No immediate market reaction was disclosed in the filing, which outlines the firm’s quarterly holdings adjustments.