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.
Jane Street dramatically increased its holdings in the Bitwise XRP ETF by about 60 times in the second quarter of 2026, owning over 1.2 million shares by June 30. Other major institutions like Wells Fargo also disclosed multi-million dollar positions...
XRP price dropped 2.8% over the past week, briefly falling below the key $1 level due to weak momentum, ongoing capital outflows, and a broader downtrend. The token has lost about 73% from its cycle high above $3 and faces resistance near $1.037, wit...
Ripple has outlined a four-phase roadmap to make the XRP Ledger resistant to quantum computing threats by 2028. The plan starts with an emergency "Quantum Day" response to quickly block vulnerable signatures if quantum computers advance faster than e...
XRP's open interest on Binance surged nearly 29% in two weeks, reaching $232.7 million, the highest since June 2026. Despite this increase, the rise is driven by bearish traders, as indicated by a sharp drop in Binance's XRP Perpetual Cumulative Volu...
Bitcoin stabilized above $63,000, gaining 0.8% amid a rebound in U.S. equities, with Nasdaq futures hitting a high since early July. However, U.S. spot Bitcoin ETFs saw $390 million in net outflows last week, marking the largest withdrawal in six wee...
