Jane Street boosts Fidelity Bitcoin ETF holdings nearly 8x, trims IBIT
By Cointelegraph by Helen Partz
Jane Street ended Q3 with 19% fewer shares in BlackRock’s Bitcoin ETF, and a higher share price lifted the stake’s value to $957 million.
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Exchange-traded fund
An investment fund that holds a basket of assets, such as the shares in an index, and trades on a stock exchange like a single share.
ETFs offer low-cost, diversified investing and are a fast-growing way people save.
More about Exchange-traded fundBitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinMore in Finance
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