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Jane Street Boosts Bitcoin, XRP ETF Holdings In Q2 Filing

Jane Street more than doubled its Bitcoin ETF holdings in Q2 to roughly $1. 01 billion from $438. 4 million. XRP ETF exposure surged 420% to about $17 million from $3. 3 million quarter over quarter. The. . .

By https://www. facebook. com/pavlos. giork · · 2 min read

Jane Street Boosts Bitcoin, XRP ETF Holdings In Q2 Filing

Jane Streetmore than doubled itsBitcoinETF holdings in Q2 to roughly $1. 01 billion from $438. 4 million. XRP ETF exposure surged 420% to about $17 million from $3. 3 million quarter over quarter. The firm’s largest Bitcoin ETF position wasBlackRock‘s IBIT at nearly $800. 5 million. Jane Street also disclosed a $14. 1 million stake in theBitwiseXRP ETF. On June 30,Jane Streetheld roughly $1. 01 billion in Bitcoin ETFs and about $17 million in XRP ETFs, according to its latest13F filingwith the SEC. The quarterly report shows Bitcoin ETF holdings more than doubled from $438. 4 million at the end of Q1, while XRP ETF exposure climbed from $3. 3 million. - Advertisement -Consequently,BlackRock‘s IBIT remained the firm’s largest Bitcoin position at roughly $800. 5 million, even after Jane Street cut that stake by 71% last quarter. The filing also listed positions inFidelity‘s FBTC,ARK 21Shares‘ ARKB,Bitwise‘s BITB, andGrayscale‘s GBTC. Meanwhile, XRP ETF holdings included a $14. 1 million stake in theBitwiseXRP ETF and positions in21Shares,Canary,REX-Osprey,Franklin, andGrayscaleXRP funds. XRP’s price edged 0. 2% lower in the last 24 hours, making it one of the top trending tickers onStocktwits. Retail sentiment around XRP stayed in the bearish zone, with one Stocktwits user calling it a“GLORIFIED STABLE COIN”and citing insider selling and a lack of utility. This comes as Bitcoin spot ETFs have seen choppy flows, with large outflows in late July and early August followed by a brief period of positive flows. In the latest week, inflows resumed after another wave of selling, though the broader trend remains mixed. Bitcoin traded up more than 1% over 24 hours, attempting to hold above $64,000, while retail sentiment on Stocktwits remained bearish. - Advertisement -One user remained optimistic, noting that Bitcoin’s long-term price trend is above its 200-week moving average, a level that has historically provided major support during market cycles. ✅ FollowBITNEWSBOTonTelegram,Facebook,LinkedIn,X. com, andGoogle Newsfor instant updates. Previous Articles:Upbit, Bithumb revenues plummet; Polymarket bannedMoonPay integrates Cash App Pay for crypto purchasesStubMaker: 16 typosquat RubyGems packages steal dataGold Slips 0. 4% to $4,397 on Rising Yields, OilEthereum Warns Tools May Break With Glamsterdam Gas Model UpgradeStay in the Loop🔥Join 1. 2K Smart TradersGet exclusive crypto insights, breaking news, and market analysis delivered straight to your inbox. No fluff, just facts.

Source: hn.org

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