Jane Street significantly reduced its exposure to the iShares Bitcoin Trust (IBIT) during the first quarter of 2026.
A May 13 13F filing reveals the firm’s IBIT holdings fell by approximately 71% compared to the previous quarter.
The market maker now holds roughly 5.9 million shares valued at $225 million.
Jane Street simultaneously increased its investment in Ether-based funds.
This disclosure indicates a strategic rotation within the firm's digital asset portfolio.