Jane Street and Mubadala Significantly Increase Holdings in BlackRock’s Bitcoin ETF
- Jane Street acquired over seven million new shares of the Bitcoin ETF, increasing its holdings by approximately 54% to a total of 20.3 million shares valued at about $790 million.
- Mubadala raised its stake in the Bitcoin ETF by 46%, now holding a total of 12.7 million shares worth over $630 million.
- Morgan Stanley increased its holdings by about 22%, owning a total of 13.44 million IBIT shares as of December 31, while BlackRock reported an increase to 12.77 million shares, up by approximately 23%.
- Susquehanna International Group saw a significant increase, nearly doubling its holdings with a rise of almost 71%, now owning approximately three million shares.
- In contrast, JPMorgan reduced its exposure by about42.7%, now holding only three million IBIT shares.
The increases in holdings from major players like Jane Street and Mubadala bolster the asset under management for the Bitcoin ETF, which currently stands at approximately $52.4 billion, reinforcing its leadership position in the U.S. market.
Jane Street’s acquisition of over seven million new shares highlights strong institutional interest in the Bitcoin ETF, reflecting confidence amid varying strategies from other large investors like JPMorgan and Goldman Sachs who have reduced their holdings significantly.
