Is Jane Street Manipulating Bitcoin? The Viral Theory Explained
A fresh round of Bitcoin market-manipulation chatter is ricocheting through crypto X after Jane Street added 7,105,206 shares of BlackRock’s spot Bitcoin ETF, IBIT, in Q4 2025, bringing its reported position to 20,315,780 shares. Speculators tie this disclosure to a long-running rumor about a daily “10AM” sell program.“Around 10 AM ET, right at the US stock market open, large sell volumes hit BTC and related ETF shares. This creates panic → triggers liquidations of leveraged longs → and exploits thin liquidity pockets. Then the same firms allegedly buy back at lower prices.”
Featured image created with DALL.E, chart from TradingView.com
