Jane Street's Q2 Filing Reveals Nearly $1 Billion Bet on These Bitcoin ETFs — and a Major Stake in Michae

Quantitative trading giant Jane Street revealed nearly $1 billion in Bitcoin (CRYPTO: BTC) exchange-traded fund holdings in second quarter, according to its latest 13F filing released Friday.

Jane Street Expands Bitcoin Stake and How

The New York City-headquartered firm disclosed roughly $828.19 million invested in iShares Bitcoin Trust ETF (NASDAQ: IBIT) as of June 30, with the remainder of $163.38 million spread across products including Grayscale Bitcoin Trust ETF (NYSE:GBTC) and Fidelity Wise Origin Bitcoin Fund (BATS:FBTC).

This stake is based on the respective ETFs’ closing market prices on June 30.

Jane Street also boosted its Strategy Inc. (NASDAQ:MSTR) stake substantially, up from 209,833 shares in the first quarter to 2.67 million shares, valued at approximately $232.76 million, in the second quarter.

Ethereum ETF Stake

Jane Street also revealed a sizeable stake in Ethereum (CRYPTO: ETH) ETFs, with over $90 million invested in the iShares Ethereum Trust ETF (NASDAQ:ETHA). The remainder of $22.03 million was spread across the Grayscale Ethereum Trust ETF (NYSE:ARCA) and Fidelity Ethereum Fund (BATH: FETH).

These disclosures come after Harvard University left its Bitcoin exchange-traded fund position unchanged in the second quarter, while buying no new stake in the spot Ethereum ETFs.