Key facts
- Jane Street's FBTC position was worth $509 million on September 30, per its quarterly filings.
- Jane Street's IBIT stake rose in value to $957 million from $828 million despite the smaller share count.
- JPMorgan Chase added about 1 million IBIT shares in the third quarter, reaching 11.41 million.
- JPMorgan Chase increased its Strategy holdings 36% to nearly 849,000 shares, worth about $131 million.
- Laurore cut 1.6 million IBIT shares, leaving 3.25 million, worth about $154 million at quarter end.
Jane Street raised its share count in the Fidelity Wise Origin Bitcoin Fund nearly eightfold in the third quarter, to 7.01 million shares from about 887,000 at the end of June, according to its second- and third-quarter filings. The FBTC position was worth $509 million on September 30.
The trading firm's holdings in BlackRock's iShares Bitcoin Trust ETF fell to 20.22 million shares from 24.88 million, a 19% decline. A higher share price lifted the reported value of the IBIT stake to $957 million from $828 million. Jane Street was the largest reported institutional holder of IBIT at the end of June after raising its share count 324% in the second quarter, according to 13F Pro. IBIT had $56 billion in net assets as of November 12.
Jane Street also added nearly 9 million ARKB shares, about $249 million, and more than doubled its ETHA holding with 7.83 million shares, about $158 million.
JPMorgan Chase increased its IBIT holdings 9.6% in the third quarter, adding about 1 million shares to reach 11.41 million, a reported position of around $540 million. The bank nearly erased its direct ETHA holding, cutting it from 1.17 million shares at the end of June to 399 shares. It also raised its Strategy stake 36% to nearly 849,000 shares, worth about $131 million at the end of the third quarter.
Laurore, which lists a Hong Kong business address in its SEC filing, reduced its IBIT holdings 33%, cutting 1.6 million shares to 3.25 million, worth about $154 million at the end of the third quarter. The filer drew attention in February 2026 after disclosing an IBIT position worth $436 million at the end of 2025.