‘Secretive’ Wall Street Firm Includes Bitcoin In Its Traded Assets

Trading firm Jane Street Capital, which reportedly trades an average of $13 bln daily in equities across the globe, has included Bitcoin (BTC) in its traded assets, Business Insider reported today, March 17.

A statement from the company reads: “Jane Street trades over 56,000 products globally across a wide variety of asset classes, including Bitcoin.”

Unnamed sources told Business Insider that Jane Street, which was founded in 2000, only entered into crypto trading last year. The company’s website reports that $5.6 trln was traded across all products in 2017.

In February 2016, the company was described by the New York Times as a “secretive” ETF firm. While the profit numbers for Jane Street’s Bitcoin trading are not public, the company has noted that it will stay open to further involvement in the crypto markets.

Reference: https://cointelegraph.com/news/secretive-wall-street-firm-includes-bitcoin-in-its-traded-assets

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