In Q1 2026, Jane Street significantly reduced its holdings in Bitcoin ETFs linked to BlackRock and Fidelity, cutting BlackRock's iShares Bitcoin Trust by 71% and Fidelity's Bitcoin fund by 60%. Meanwhile, the firm nearly doubled its exposure to Ether ETFs from BlackRock and Fidelity, adding about $82 million. Jane Street also trimmed stakes in Bitcoin mining firms but increased investments in crypto equities like Riot Platforms, Coinbase, and Galaxy Digital. These moves reflect a strategic shift from Bitcoin to Ether and selected crypto stocks amid volatile markets and regulatory scrutiny.
Ethereum (ETH) has dropped below its 200-hour Simple Moving Average (SMA), indicating weakening bullish momentum and increasing seller control. The price recently fell from around $1,720 to the mid-$1,600 range, with $1,580 identified as the next maj...
A whale trader opened a $24.34 million leveraged position on Solana (SOL) and Ethereum (ETH), betting on a rally. The trader closed the ETH position with a $14.2K profit amid a tech sector sell-off that pressured crypto markets, leaving the $16.5M SO...
Bitcoin and Ethereum, along with several other major cryptocurrencies, experienced significant price declines, with Bitcoin falling over 4% and Ethereum dropping nearly 6%. This broad market sell-off reflects increased investor caution and volatility...
Ethereum's price dropped more than 5% to around $1,660 amid a broader crypto market decline affecting Bitcoin and other major coins. The selloff is compounded by the Ethereum Foundation's decision to cut about 20% of its workforce as part of a restru...
The Ethereum Foundation announced a 40% budget cut and a 20% reduction in staff as part of a major organizational reset. Co-founder Vitalik Buterin outlined plans to shift to a leaner, endowment-style model, reducing annual spending from 15% to 5% of...
