Caixin: Rumors that Chinese regulatory authorities are reviewing Jane Street's trading behavior in China's ETF market

ZkProver · 2026-03-06T03:59:00+00:00

There are rumors that Chinese regulatory authorities are reviewing Jane Street's activities in the ETF market, but the company denies the authenticity of these rumors. At the same time, Jane Street and its founders and employees have been accused of involvement in insider trading and market manipulation, which affected the 2022 TerraUSD collapse. As one of the world's largest proprietary quantitative trading firms, Jane Street's funding structure results in lower disclosure obligations, maintaining a certain level of mystery.

ZkProver

2026-03-06 03:59:00

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ChainCatcher reports that there are rumors that Chinese regulators are examining Jane Street’s trading behavior in the Chinese ETF market. However, a person close to Jane Street said, “We know nothing about these rumors and have no reason to believe they are true. These rumors should not be linked to Jane Street.”

This week, Jane Street, along with its co-founders and two employees, was accused of insider trading, fraud, and market manipulation. These actions are also believed to have accelerated the collapse of TerraUSD (UST) stablecoin and its sister token Luna, which together lost $40 billion in 2022.

Founded in 1999, Jane Street is one of the world’s largest proprietary quantitative trading firms. In 2024, it is expected to generate over $20 billion in net trading revenue with nearly $13 billion in net profit. Unlike hedge funds, Jane Street does not accept external client funds, resulting in lower disclosure obligations compared to traditional asset management firms. This structure has helped maintain its long-standing secrecy.

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