Investment firm Jane Street disclosed in a report filed with the U.S. Securities and Exchange Commission (SEC) on February 12, 2026 that it increased its exposure to Bitcoin (BTC) in the fourth quarter of last year. The news did not please some traders who suspected the company had manipulated the market to buy at low prices.
The company reported that the stock price of the Bitcoin Spot Exchange Traded Fund (ETF) issued by BlackRock rose 54%. In this way, Jane Street was positioned as follows. 2nd largest purchaser of this itemiShares Bitcoin Trust (IBIT), luego de la compañía Laurore.
As of December 31, 2025, Jane Street’s investment in IBIT was valued at $1.008 billion (USD). This is the Bitcoin ETF with the most reserves. However, investments in other instruments of the digital currency market also increased.
By the end of last year, Bitcoin was trading at $87,700. This means your IBIT holdings are worth approximately 11,500 BTC. For a publicly traded company that invests directly in currencies rather than ETFs, such an amount would put it in 14th place among the companies with the most Bitcoin holdings.
Purchase publications Jane Street issues warning on network as it faces manipulation allegations There is also speculation that something similar is happening in the Indian stock market.
Possibility of operation at 10 am
Since the company was indicted in India last year, various traders have been concerned that the company is manipulating various markets, including Bitcoin. Such assumptions are based on Normal digital currency decline after US stock market opening 10am.
“So your strategy is to sink BTC forever and buy more?” users asked when they saw this news. “That’s right. That’s exactly their strategy,” financial blog Zero Hedge responded from their perspective.
If it really was manipulation, “this alone reveals how the game is being played,” said analyst and author Marco Buehler, known as Sunny Decree. “It’s cruel to retail investors and new Bitcoiners,” he added.
These concerns come at a time of stress in the cryptocurrency market. As reported by CriptoNoticias, Bitcoin is trading below $70,000 amid macroeconomic uncertainty. This is 45% less than the historical maximum marked in October 2025.
What happened to India’s Jane Street?
In July 2025, the Securities and Exchange Board of India (SEBI) accused Jane Street of stock market manipulation as part of an “evil scheme” to trick small investors into trading “unfavorable and misleading prices.” Based on that premise, Prohibited the company from continuing business in the country It ordered that $570 million, the estimated amount of ill-gotten gains plus penalties, be held in escrow as collateral.
Regulators allege that the company, through its corporate bodies, bought large amounts of bank stocks, causing a rise in Bank Nifty, an index of India’s 12 major banks, once the stock market opened. He also bet through another entity that the price of the index would fall, selling the bank stocks he had bought and causing the index to plummet, profiting from his bearish position.
“This type of operation is called ‘marking for closure’ and is considered illegal in the US as well,” said Deepak Shenoy, CEO of Capitalmind Asset Management in Bengaluru. Furthermore, this Concerns arise when such movements are repeatedly observed..
However, Jane Street denies wrongdoing and has appealed, and the legal battle continues. Elsewhere, the company met with U.S. officials to discuss Jane Street’s operations in India and regulatory issues, according to lobby disclosures and anonymous people familiar with the matter who spoke to reporters.
Jane Street is a quantitative trading firm founded in New York over 20 years ago in 1999. The company has more than 3,000 employees and operates in 45 countries. The company ended 2025 with a valuation of more than $662 billion on its reserves.
He is one of the most prolific Wall Street actors in the market. Although no current comparative data is available, it accounted for more than 10% of North American equity trading volume by 2023, reflecting its large size.