Key Takeaways
- • Jane Street increased its Fidelity Wise Origin Bitcoin Fund (FBTC) position nearly eightfold in Q3, to 7.01 million shares from about 887,000 at the end of June, worth $509 million as of Sept. 30 according to its 13F filings.
- • Jane Street trimmed its iShares Bitcoin Trust (IBIT) stake by about 19%, to 20.22 million shares from 24.88 million, even as the position's reported value rose to $957 million from $828 million on a higher share price.
- • JPMorgan Chase raised its IBIT holdings 9.6% to 11.41 million shares (about $540 million) in Q3, while nearly exiting its direct iShares Ethereum Trust (ETHA) position, cutting it from 1.17 million shares to 399.
- • Laurore, a filer with a Hong Kong business address, cut its IBIT holdings 33% to 3.25 million shares (about $154 million) by the end of Q3.
Summary
Jane Street's share count in Fidelity's spot Bitcoin exchange-traded fund rose nearly eightfold in the third quarter, even as the trading firm reduced its holdings in BlackRock's fund, according to the article's review of second- and third-quarter filings. The firm ended September with 7.01 million shares of the Fidelity Wise Origin Bitcoin Fund (FBTC), up from about 887,000 at the end of June. The position was worth $509 million on Sept. 30.
Jane Street's holdings in BlackRock's iShares Bitcoin Trust (IBIT) fell to 20.22 million shares from 24.88 million, a decline of roughly 19%. The reported value of the stake nonetheless rose to $957 million from $828 million because of a higher share price. IBIT, the world's largest spot Bitcoin ETF, had $56 billion in net assets as of the Thursday referenced in the report. According to 13F Pro, Jane Street had been the largest reported institutional holder of IBIT at the end of June after boosting its share count by 324% in the second quarter. The firm also added nearly 9 million shares (about $249 million) of the ARK 21Shares Bitcoin ETF (ARKB) and more than doubled its holdings in the iShares Ethereum Trust (ETHA) by 7.83 million shares (about $158 million).
JPMorgan Chase increased its IBIT holdings by 9.6% in the third quarter, adding about 1 million shares to reach 11.41 million, with a reported position value of around $540 million. In contrast, the bank nearly exited its direct ETHA holdings, reducing them from 1.17 million shares at the end of June to 399 shares. JPMorgan also raised its stake in Bitcoin treasury company Strategy by 36% to nearly 849,000 shares, worth about $131 million at the end of Q3.
Laurore, which lists a Hong Kong business address in its SEC filing, cut its IBIT position by 33%, reducing it by 1.6 million shares to 3.25 million, worth about $154 million at the end of Q3. The filer had drawn attention in February 2026 after disclosing an IBIT position worth $436 million at the end of 2025.
Jane Street's holdings in BlackRock's iShares Bitcoin Trust (IBIT) fell to 20.22 million shares from 24.88 million, a decline of roughly 19%. The reported value of the stake nonetheless rose to $957 million from $828 million because of a higher share price. IBIT, the world's largest spot Bitcoin ETF, had $56 billion in net assets as of the Thursday referenced in the report. According to 13F Pro, Jane Street had been the largest reported institutional holder of IBIT at the end of June after boosting its share count by 324% in the second quarter. The firm also added nearly 9 million shares (about $249 million) of the ARK 21Shares Bitcoin ETF (ARKB) and more than doubled its holdings in the iShares Ethereum Trust (ETHA) by 7.83 million shares (about $158 million).
JPMorgan Chase increased its IBIT holdings by 9.6% in the third quarter, adding about 1 million shares to reach 11.41 million, with a reported position value of around $540 million. In contrast, the bank nearly exited its direct ETHA holdings, reducing them from 1.17 million shares at the end of June to 399 shares. JPMorgan also raised its stake in Bitcoin treasury company Strategy by 36% to nearly 849,000 shares, worth about $131 million at the end of Q3.
Laurore, which lists a Hong Kong business address in its SEC filing, cut its IBIT position by 33%, reducing it by 1.6 million shares to 3.25 million, worth about $154 million at the end of Q3. The filer had drawn attention in February 2026 after disclosing an IBIT position worth $436 million at the end of 2025.
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