Jane Street accused of Bitcoin ETF manipulation

Feb 27, 2026, Nick Szabo criticizes Jane Street's alleged manipulation of Bitcoin ETF pricing, citing $179M outflow from US spot ETFs in February alone.

avatar
badge

🔥 $BOME setup looking primed for expansion!

After riding the lower Bollinger Band down to support at $0.0007299, buyers stepped in heavily to spark a strong reversal back toward the upper band. Despite the temporary pullback to $0.00108, the price action is coiling nicely above the middle band (20 SMA). MACD momentum is shifting back upward with green histograms building watch for a clean breakout past resistance at $0.00117! 🚀

🎯 Key Levels:

Support: $0.00107 / $0.00073

Target: $0.00117+



#Hyperliquid CRCL whale adds position

#Jane Street sued for Terra collapse

#Jane Street accused of Bitcoin ETF manipulation

#Bitdeer liquidates Bitcoin treasury

#White House crypto meeting



$CHEEMS

$KARRAT

$CROSS

$USELESS


avatar

🐳 #USTCBURN ALERT 🐳 12,000 #USTC was just incinerated. Who owns this wallet? 👀 terra1w3xr5kjvc0qclhr2v8gc54n8geztszjl8r9ja3 Total #USTClassic Burn is now: 5,197,321,478 ❤️ Like and 🔃 Retweet to show your support! #LUNCcommunity #LUNCarmy

avatar

@MartiniGuyYT Big developments 👀 If Terra Luna is taking legal action against Jane Street, it could bring more clarity and accountability to the past events. And Bitcoin reclaiming $68K is definitely a strong sign of momentum 💪 The market is heating up again — interesting times ahead! 🚀

avatar

Life before crypto was so beautiful. The past week of February in crypto can be summed up in one word: witch hunt. + ZachXBT accused Axiom of having insider traders. + The co-founders and leaders of Dragonfly turned on each other. + ZeroHedge, a Twitter account with 2.5 million followers, accused Jane Street—the entity holding $2.5 billion in IBIT—of manipulating Bitcoin’s price. + YZi Labs alleged that BNC’s board and 10X Capital distorted the truth and drove down the price of $BNC despite holding large amounts of $BNB. => Is the market really at the bottom, guys? Why does it feel like everyone’s going into destruction mode instead of building? #5PC

avatar

Daily Market Update for $LUNC: - Price: $0.00004018 (+12.34%) - Market cap: $219,633,952 - Total Supply: 6,467,612,482,055 - Circulating: 5,480,881,326,523 #LUNC #LUNCcommunity #lunaclassic #LUNCARMY #LunaClassicCommunity #LUNCBURN

avatar

Wall Street’s ETF manipulation has a fatal flaw: they aren't the only ones accumulating. When market makers use "Operational Shorting" to stall the price, their goal is to quietly buy the physical $BTC dip to settle their paper trades. But they miscalculated. By suppressing the price, they are handing a massive discount to MicroStrategy, nation-states, and cold-storage OGs who are vacuuming up the exact same supply. Wall Street is naked shorting paper while diamond hands drain the physical vault. They are literally subsidizing our accumulation phase. When their T+6 settlement clock runs out and the exchange reserves are gone, the liquidity squeeze will be historic. Take their cheap Bitcoin. Withdraw to cold storage. #Bitcoin #WallStreet #CryptoNews

avatar

> be Rob Granieri > co-found Jane Street in 1999 > take no official title > no headshot > no interviews > control the most systemically important market maker in ETFs > build a firm that becomes authorized participant across multiple Bitcoin ETFs > control creation/redemption plumbing > hold inventory > hold flow > hold timing September 2021 > former Terraform intern joins full-time > private chat allegedly shares material nonpublic info May 7, 2022 > $150M UST pulled from Curve > 10 minutes later > wallet linked to Jane Street pulls $85M > UST depegs > Luna collapses > $40B erased > lawsuit filed in Manhattan > firm calls it “baseless” late 2024 > 10:00am ET > Bitcoin drops > liquidations cascade > recovers by afternoon > repeat for months > pattern pauses when litigation becomes public resumes later Q4 2025 13F > $790M in IBIT disclosed > crypto media: “institutional accumulation” professionals: 13F shows only longs > options invisible > futures invisible > swaps invisible > net exposure unknowable India, 2025 > regulator publishes 105-page order > alleges coordinated BANKNIFTY options manipulation $4.3B profit over two years Granieri runs culture of probability, edge, speed > avoids spotlight > avoids narrative > focuses on structure > look eccentric > operate surgical > hold ETF infrastructure > hold derivative opacity > be CEO without the title > influence price without touching the protocol > let the market debate scarcity > control the layer above it If the protocol is fixed at 21M, but the price is discovered in layers Jane Street can manufacture - who actually decides Bitcoin’s value?

avatar

Jane Street’s Strategy 1) Raise billions of dollars from investors 2) Purchase physical BTC at $68K 3) Build a large short position using options and derivatives 4) Use algorithms to sell massive amounts of BTC within minutes—triggering panic selling due to low liquidity and negative news 5) Price crashes to $62K 6) Despite 5% loss on physical holdings, realize massive profits from short settlement 7) Buy physical BTC again at $62K—triggering a short squeeze and FOMO-driven price surge 8) Build another large short position