Jane Street’s reported holdings in Fidelity’s spot Bitcoin ETF rose nearly eightfold in the third quarter, while its share count in BlackRock’s Bitcoin ETF fell 19%. It held 7.01 million Fidelity fund shares at the end of September, up from about 887,000 at the end of June. The September 30 position was worth $509 million, according to its filings. These share counts show reported positions at two dates, not why they changed.
JPMorgan Chase increased its reported BlackRock Bitcoin ETF holdings by 9.6% to 11.41 million shares, worth about $540 million. It cut its direct holdings in BlackRock’s ETHA fund from 1.17 million shares to 399. Laurore reduced its BlackRock Bitcoin ETF stake by 33% to 3.25 million shares, worth about $154 million at the end of the third quarter.
