Jane Street, a major quantitative trading firm, increased its Bitcoin ETF holdings by $630 million in Q2 2026, bringing its total to about $1.06 billion. This follows a sharp reduction in Q1, reflecting the firm's role as an authorized participant managing ETF share creation and redemption rather than a pure directional bet on Bitcoin prices. Jane Street's activity shows strong institutional involvement in Bitcoin ETFs since their US launch in 2024, with the firm also diversifying into Ether and XRP ETFs. The $1 billion threshold underscores the growing importance of crypto ETFs in institutional portfolios and Jane Street's significant market-making infrastructure in this space.
XRP's price volatility has sharply decreased ahead of the US Senate's vote on the CLARITY Act and the Federal Reserve's interest rate decision, causing the price to stabilize around $1.34–$1.37. Historically, such low volatility phases for XRP have l...
Bitcoin briefly fell to about $76,050 following the release of the US inflation report, which showed a 0.4% increase in the Consumer Price Index for August and a core inflation rise of 0.3%, slightly above expectations. Despite this, Bitcoin quickly ...
Clearpool announced plans to expand its institutional lending products to the XRP Ledger (XRPL) by replacing its current token, CPOOL, with a new token called CLEAR through a 1:1 migration. This move aims to recapitalize its treasury to fund incentiv...
XRP traded between $1.329 and $1.365 on September 11, closing near $1.336 and maintaining a crucial support level around $1.33. Analysts highlight a completed Wave 1 and an intact bull flag pattern, suggesting a potential rise to $1.88 if the support...
Binance's bitcoin reserves have risen to over 693,000 BTC, the highest in two years and about 30% of all major exchange reserves. This increase of roughly 77,000 BTC since April raises potential sell-side pressure as Bitcoin faces a strong resistance...
