Jane Street Boosts Bitwise XRP ETF Stake by 5,733%
- —Jane Street's stake rose from 20,600 to 1,205,067 ETF shares in one quarter
- —Position was worth about $14.05 million at quarter-end, $14.23 million including calls
- —Goldman Sachs leads with 2.21 million shares worth $25.76 million; Jane Street is second
- —Bitwise XRP ETF assets reached $616.4 million by Sept. 27, with a 0.34% fee
Why it matters: Rising institutional demand for the spot XRP ETF signals product maturity, though 13F data reflects holdings only as of June 30.
Source: Cryptonews.net