Overview
- SEC 13F data confirms Jane Street added about 7.1 million IBIT shares in Q4 2025, bringing its reported total to 20,315,780 shares valued near $790 million.
- A viral claim links the firm to a recurring 10 AM ET sell pattern intended to push Bitcoin lower and buy back cheaper, a narrative circulated by accounts like BullTheory and Milk Road.
- Market‑structure specialists counter that the filing’s options indicator suggests delta‑hedged, Authorized Participant activity rather than a directional Bitcoin bet or evidence of a sell program.
- Analysts say Bitcoin’s setup remains fragile, with weekly lower lows, rising long‑term holder inflows to exchanges, muted retail sentiment, and pressure around the $65,000 area.
- Coverage notes the allegation remains unverified with no regulatory finding, as Bitcoin traded near $68,107 at publication and community debate continues.