Jane Street raises Fidelity Bitcoin ETF stake to $509M, cuts BlackRock IBIT shares
Jane Street raised its Fidelity Bitcoin ETF stake nearly eightfold in Q3 while trimming BlackRock IBIT shares, according to September SEC filings.
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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.
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