Jane Street's IBIT Surge Sparks Market Buzz
New data from quiverquant reveals that financial powerhouse Jane Street significantly increased its IBIT holdings in the fourth quarter of last year, adding 7.1 million shares valued at $276 million. This brings the firm’s total IBIT holdings to 20.3 million shares, worth approximately $790 million.
Rumors of High-Frequency Trading Circulate
Crypto enthusiasts have speculated that Jane Street might be leveraging high-frequency trading to suppress Bitcoin prices at 10 a.m. ET daily, raising concerns over market fairness and transparency.
Institutional Appetite Grows
In addition to Jane Street, BlackRock and Morgan Stanley also boosted their IBIT positions by over 2.37 million shares in Q4, signaling strong institutional interest in the digital asset space.