Jane Street lifts Fidelity Bitcoin ETF stake nearly 8x while trimming IBIT
AI summary
Jane Street increased its stake in Fidelity's Bitcoin ETF nearly eightfold in Q3 while cutting its BlackRock IBIT shares by 19%. The IBIT position was still worth $957 million because a higher share price offset the reduced share count. Traders watch large institutional ETF flows as a signal of how big desks are positioning around Bitcoin.
Narrative history
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39M AGOYou’re reading thisJane Street lifts Fidelity Bitcoin ETF stake nearly 8x while trimming IBITCointelegraph · Score 55
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10H AGOBitcoin Magazine · Score 45 · via Jane, Jane Street
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17H AGOBitcoin Magazine · Score 55 · via lifts Strategy, Strategy stake
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11 NOV · 16:15crypto.news · Score 55 · via 48%, stake 48%
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11 NOV · 11:56Cointelegraph · Score 65 · via ETF stake, Fidelity Bitcoin
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9 NOV · 20:39Bitcoin Magazine · Score 45 · via lifts Strategy, MSTR
