Caixin: Chinese Regulators Reviewing Jane Street’s Trading Behavior in China ETF Market

BlockBeats News, February 26th, there were rumors that Chinese regulators were reviewing Jane Street's trading behavior in the Chinese ETF market. However, a source close to Jane Street said, "I have no knowledge of these rumors, nor any reason to believe they are true, and these rumors should not be associated with Jane Street." This week, Jane Street, its co-founder, and two employees were accused of insider trading, fraud, and market manipulation, behaviors that were also blamed for accelerating the collapse of the $40 billion market value of the 2022 TerraUSD (UST) stablecoin and its sister token Luna.

Founded in 1999, Jane Street is one of the world's largest proprietary quantitative trading firms, with a net trading income of over $20 billion in 2024 and a net profit of nearly $13 billion. Unlike hedge funds, Jane Street does not accept external client funds, so its disclosure obligations are much lower than those of traditional asset management institutions, a structure that has kept it shrouded in mystery for a long time. (Caixin)