Jane Street significantly reduced its holdings in Bitcoin ETFs in the first quarter, while increasing its holdings in Ethereum ETFs and Galaxy Digital

According to the latest 13F filing, Wall Street quantitative trading giant Jane Street significantly reduced its holdings in multiple Bitcoin-related assets in the first quarter of 2026, while increasing its positions in Ethereum ETFs and some crypto stocks. Among them, Jane Street's holdings in BlackRock's IBIT shares decreased by about 71% to 5.9 million shares, valued at approximately $225 million; Fidelity's FBTC holdings were reduced by about 60% to about 2 million shares, valued at approximately $115 million. In addition, its Strategy holdings also fell from about 968,000 shares in the fourth quarter of 2025 to about 210,000 shares, with the value dropping from about $146 million to about $27 million, while it also reduced its holdings in Bitcoin mining stocks such as IREN, Cipher Mining, TeraWulf, and Core Scientific.

On the other hand, Jane Street significantly increased its holdings in Ethereum ETFs, with BlackRock's ETHA and Fidelity's ETH funds adding approximately $82 million in new positions. At the same time, its holdings in Riot Platforms, Coinbase, and Galaxy Digital all increased, with Galaxy Digital's holdings rising sharply from about 17,000 shares to about 1.5 million shares.