The narrative going around today: Jane Street is dumping Bitcoin. The reality is more interesting.
**What a 13F filing actually is:**
A 13F is a quarterly SEC disclosure that shows institutional long positions. It does not include short positions, futures contracts, options, swaps, or any other derivatives. For a passive fund, this gives you a clean picture. For a market maker? It's half the story.
Jane Street is not a passive fund. They are one of the largest and most sophisticated quantitative trading firms in the world — known for running arbitrage strategies across every major asset class at massive scale.
**What basis trading looks like on a 13F:**
Basis trade = Buy spot ETF (appears in 13F as a long position) + Sell BTC futures simultaneously (does NOT appear in 13F)
When the futures premium compresses — meaning the spread between spot and futures narrows — the firm exits the s…
Jane Street "slashed" Bitcoin ETF holdings 71% here's why that headline is almost certainly misleading
byu/Crypto_future_V inBitcoin
Posted by Crypto_future_V
5 Comments
Fuck Jane street all my homies hate that corrupt market manipulating shit company
Yeah! Stop exiting the s!
FUD campaign from the 4 year maffia, they lost yesterday half a billions in shorts liquidated at 82k, they’re spending all their tricks to stage the 4 year cycle narrative as far as they can.
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Fuck Jane Street, they should be investigated for their dark pool trading and market manipulation. Hope they all end up in prison.