NewsBTC •
February 18, 2026 at 12:01 •
Analysis
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. Is Jane Street Manipulating The Bitcoin Price? The allegation is simple and sticky: the same sophisticated desk “accumulating” IBIT is also supposedly the desk leaning on BTC and BTC-linked vehicles at a predictable time each morning to create better entry prices. The rebuttal, from market structure veterans, is equally blunt: you’re reading a market maker’s inventory like it’s a directional bet. BullTheory framed the 13F as an accumulation story, writ...
