Every Zipp story tagged #JaneStreet, newest first.
The bigger signal is the swing, not the size: a 71% Q1 cut followed by a $630M Q2 reload reads as tactical book management around basis and flow, not a fresh conviction buy.
The 60-fold surge is the headline, but Jane Street's role as a top ETF market maker complicates the read. The bigger story is the widening roster of US institutions disclosing spot XRP exposure.
The allegations revive scrutiny of how Terra-linked traders coordinated in the run-up to the $40B wipeout, and what regulators knew in real time.
The rebalance reads less like a Bitcoin exit than a rotation: spot BTC exposure trimmed, $ETH ETF exposure nearly doubled, and names like Riot, Coinbase, and Galaxy added.
CoinTelegraph
Crypto News
CoinDesk
WuBlockchain