CryptoMedium•13 November 2026•
1 min read
Jane Street Boosts Fidelity Bitcoin ETF Stake to $509 Million
Key Facts
1Jane Street increased its Fidelity Bitcoin ETF stake nearly eightfold to $509 million in Q3.
2The firm trimmed its holdings in BlackRock's IBIT Bitcoin ETF according to SEC filings.
Jane Street increased its stake in the Fidelity Bitcoin ETF nearly eightfold to reach $509 million during the third quarter of 2026. crypto.news reported that the firm boosted its FBTC share count by 691% to 7.01 million shares, while simultaneously trimming its holdings in BlackRock's IBIT fund by 18.7% according to SEC filings.
BlackRock shares closed at $1216.61 on November 12, 2026, as these shifts highlight significant institutional rebalancing within Bitcoin ETF portfolios. Despite reducing the share count in IBIT to 20.22 million, the value of the stake rose to $957.3 million by the end of September, contributing to an overall increase in the firm's major Bitcoin ETF holdings from $926 million in June to $1.79 billion in September.