Institutional Shift? Jane Street Turns Toward Ethereum After Reducing Bitcoin ETF Exposure

Bitcoinist05-16

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Jane Street Turns Toward Ethereum After Reducing Bitcoin ETF Exposure\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-05-16 06:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://bitcoinist.com/institutional-shift-to-ethereum/><strong>Bitcoinist</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure\n\nFor long, Bitcoin has remained the major target for institutional investors, but lately Ethereum is...</p>\n\n<a href=\"https://bitcoinist.com/institutional-shift-to-ethereum/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CBTY","symbol_name":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - July","start_time":0,"source_url":"https://bitcoinist.com/institutional-shift-to-ethereum/","article_id":"2635051492","we_media_id":null,"thumbnails":["https://bitcoinist.com/wp-content/uploads/2026/05/Ethereum-from-Pixabay-13.jpg?resize=350%2C250"],"rights":{"source":"bitcoinist_highlight","url":"https://bitcoinist.com/institutional-shift-to-ethereum/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2635051492","pubTimestamp":1778882412,"columns":[],"sourceInfo":{"source_id":"bitcoinist_highlight","name":"Bitcoinst"},"weMediaInfo":null,"summary":"For long, Bitcoin has remained the major target for institutional investors, but lately Ethereum is turning up strongly on their...","collect":0,"end_time":0,"defaultTopTitle":"bitcoinist.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"CBTY":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - July","ETCO":"Grayscale Ethereum Covered Call ETF","ETHT":"ProShares Ultra Ether ETF","CBXA":"Calamos Bitcoin 90 Series Structured Alt Protection ETF – April","XBTY":"GraniteShares YieldBOOST Bitcoin ETF","ETU":"T-Rex 2X Long Ether Daily Target ETF","BTF":"比特币&以太币期货ETF-CoinShares","ETHU":"2倍以太币期货ETF-Volatility Shares","GBTC":"比特币ETF-Grayscale","ARKB":"比特币ETF-21Shares","CBXJ":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - January","BRRR":"比特币ETF-CoinShares","BTC":"Grayscale Bitcoin Mini Trust","BITO":"比特币期货ETF-ProShares","BETE":"等权重比特币&以太币期货ETF-ProShares","ETHV":"以太坊ETF-VanEck","DFII":"FT Cboe Vest Bitcoin Strategy & Target Income ETF","YBTC":"比特币看涨期权ETF-Roundhill","BTCC":"Grayscale Bitcoin Covered Call ETF","BETH":"比特币&以太币期货ETF-ProShares","SBIT":"2倍做空比特币期货ETF-Proshares","ETHW":"以太坊ETF-Bitwise","CBOY":"Calamos Bitcoin Structured Alt Protection ETF - July","FETH":"以太币ETF-Fidelity","CBXO":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - October","ETH":"低成本以太坊ETF-Grayscale","MNRS":"GRAYSCALE BITCOIN MINERS ETF","CBXY":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - July","ETHA":"以太坊ETF-iShares","EETH":"以太币期货ETF-ProShares","BTCO":"比特币ETF-Invesco Galaxy","EZBC":"比特币ETF-Franklin","CBTA":"Calamos Bitcoin 80 Series Structured Alt Protection ETF – April","BITX":"2倍比特币期货ETF-Volatility Shares","ETHD":"ProShares UltraShort Ether ETF","EZET":"以太坊ETF-Franklin","ETQ":"T-Rex 2X Inverse Ether Daily Target ETF","BTCW":"比特币ETF-Wisdom Tree","ETHE":"最大以太坊ETF-Grayscale","CBOJ":"Calamos Bitcoin Structured Alt Protection ETF - January","IBIT":"比特币ETF-iShares","YETH":"Roundhill Ether Covered Call Strategy ETF","QETH":"以太坊ETF-Invesco Galaxy","ETHI":"Defiance Leveraged Long Income Ethereum ETF","CBTO":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - October","SETH":"1倍做空以太币期货ETF-Proshares"},"translate_title":"制度转变？简街在减少比特币ETF敞口后转向以太币","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BTF":0.6,"CBTO":0.6,"CBXJ":0.6,"ETHT":0.6,"ETHU":0.6,"ETHW":0.6,"ETH":0.6,"BTCW":0.6,"IBIT":0.6,"ARKB":0.6,"ETHD":0.6,"BETH":0.6,"BITX":0.6,"ETHA":0.6,"ETHV":0.6,"CBXO":0.6,"CBOY":0.6,"BITO":0.6,"ETHE":0.6,"CBXA":0.6,"CBOJ":0.6,"XBTY":0.6,"BETE":0.6,"DFII":0.6,"BRRR":0.6,"BTC":0.6,"CBTY":0.6,"ETHI":0.6,"BTCC":0.6,"EZET":0.6,"EZBC":0.6,"CBTA":0.6,"ETQ":0.6,"MNRS":0.6,"GBTC":0.6,"BTCO":0.6,"CBXY":0.6,"YETH":0.6,"ETU":0.6,"QETH":0.6,"SBIT":0.6,"YBTC":0.6,"ETCO":0.6,"SETH":0.6,"FETH":0.6,"EETH":0.6},"content_text":"Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure\n\nFor long, Bitcoin has remained the major target for institutional investors, but lately Ethereum is turning up strongly on their radars too. Many companies have begun to accumulate the leading altcoin at a significant rate, with some even dumping a portion of their Bitcoin holdings to buy more ETH.\nJane Street Shows Interest In Ethereum\nAs the crypto sector expands, the market is now experiencing a major shift in institutional investors’ interest. A number of companies are starting to increase their exposure to Ethereum while reducing their exposure to Bitcoin.\n\n\n\n\n\n\nRelated Reading: Vitalik Buterin Labels Ethereum the Economic Infrastructure for AI\nJane Street is changing the way it is exposed to cryptocurrencies by increasing its stake in Ethereum and decreasing its holdings in Bitcoin Exchange-Traded Funds (ETFs). The move is gaining attention throughout the crypto market because it may represent shifting institutional preferences in the market for digital assets.\nDeci, a market commentator, stated that Jane Street’s addition of ETH funds and reduction of exposure to BTC ETFs does not automatically make them ETH maximis. However, it does point to a growing and real rotation.\nLarge investors are becoming more interested in ETH, possibly due to its growing role in Decentralized Finance (DeFi), tokenization, and blockchain infrastructure, even though Bitcoin has long dominated institutional portfolios. According to the expert, institutional investors are beginning to treat ETH less like an altcoin and more like a separate macro asset next to Bitcoin and Gold. \n\n\n\n\n\n\n\n\n\n\n\n\nIn the expert’s view, BTC was the first digital store of value, but now ETH is becoming the financial infrastructure trade. Such a distinction, he believes, is where the market keeps underpricing the altcoin.\nETH Network Sees A Large Realized Profit Margin\nAfter a brief price rebound, Ethereum has witnessed a surge in realized profits, indicating a shift in market dynamics. On Thursday, Santiment, a market intelligence and on-chain data analytics platform, reported that ETH registered its highest network realized profits in 3 weeks.\n\n\n\n\n\n\n\n\n\n\n\n\nRelated Reading: Ethereum Shows Signs Of Strength With Stronger Network Activity Supporting Growth\nThis may appear counterintuitive to see a spike of $74.58 million in realized profits because ETH’s price has fallen by 5.5% over the past 3 days. However, this trend is linked to investors’ behavior during the price action. ETH holders with a much lower cost basis are selling into the dip. \nWhile ETH traded below $2,000 throughout much of February and March, savvy traders accumulated despite war fears and heightened uncertainty in crypto at the time. Furthermore, wallets that were collected during those months are still profitable despite this mid-May downturn. Meanwhile, many have chosen to sell while they believe they still have a chance to make money.\nSource: Chart from Santiment on X\nSantiment also highlighted an increase in the volume of on-chain movement on the Ethereum blockchain. The 4-hour candles exhibit significant price compression at $2,241, indicating increased distribution activity on the chain. Historically, more transactions have led to more realized P&L events. When volume is increased, even little individual profits add up to significant network-level totals.\nBased on current ETH trader behavior, Santiment noted that investors are leaning cautious. However, this does not mean new investors should be bearish. Rather, the platform suggests watching for deeper realized losses as a potential bottoming signal and avoiding aggressive positioning until the distribution phase shows clear signs of ending.\nETH trading at $2,265 on the 1D chart | Source: ETHUSDT on Tradingview.com\nFeatured image from Pixabay, chart from Tradingview.com\n\n\n\nEditorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.2","shortVersion":"4.42.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2635051492","isCrawlerRequest":true}