Institutional trading firm Jane Street significantly expanded its holdings in the Fidelity Wise Origin Bitcoin Fund while reducing its position in BlackRock’s equivalent offering.
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Institutional trading firm Jane Street significantly expanded its holdings in the Fidelity Wise Origin Bitcoin Fund while reducing its position in BlackRock’s equivalent offering.
TLDR Jane Street raised its Fidelity Bitcoin ETF shares by about 691%, to a stake worth $509.2 million. The firm cut its BlackRock Bitcoin ETF shares by 18.7%, but the stake's value rose to $957.3 million. Its ARK 21Shares Bitcoin ETF position grew to 11.69 million shares, worth $323.7 million.
Jane Street's diversification in Bitcoin ETFs suggests a strategic shift towards broader exposure, impacting market dynamics and investor strategies. The post Jane Street boosts Fidelity Bitcoin ETF shares nearly 8x in Q3 appeared first on Crypto Briefing.
Blockonomi reported the story as "Jane Street’s Fidelity Bitcoin ETF Stake Jumps Nearly Eightfold in Third Quarter."
3 sources have covered this story, including Blockonomi, Crypto Briefing and Cointelegraph. The earliest reporting in the cluster landed about 14 hours ago.
Source accounts have not fully aligned on every figure tied to this story (different reports cite 691 %, 19 %); the published One News summary holds those specifics open until more sources converge.
How each side is reporting it
How the left is reporting it
How the wires + center are reporting it
How the right is reporting it
How it spread
Left 0Center 3Right 0No left or right outlets yet.
Time since the first report
Who carried it, in order
- FirstCointelegraphNov 13, 4:05 AM ET · United StatesCenter
- +1h 30mCrypto BriefingNov 13, 5:35 AM ET · United StatesCenter
- +2h 25mBlockonomiNov 13, 6:29 AM ET · United StatesCenter
Claim ledger
[01] VerifiedCore event reported by 3 independent outlets across the spectrum.
[02] DisputedKey facts present in mainstream desks; corroboration thin from wires.