This week Jane Street Capital a global proprietary trading firm has announced it has been trading BTC these days. Often referred to as one of Wall Street's most secretive investment companies, Jane Street says if cryptocurrencies continue to rise they expect to be involved.

The 'Secretive' and High-Tech Trading Firm Jane Street is Flipping Bitcoins

The trading firm Jane Street is operated in New York City, London and Hong Kong. The company actively trades $8-13 billion worth of equities, Bonds, Futures, Options, and other investments. Jane Street claims to execute over 1Mn trades per day. The New York Times has referred to Jane Street as one of the most secretive firms out there that handles a lot of trade volume. The news outlet called the traders "coders with a Ph.D." and the firm specializes in lots of arbitrage trades. According to Business Insider, the firm has explained it is now dabbling in BTC trading.

Arbitrage opportunities in the world of cryptocurrencies and bitcoin are very tempting to firms like Jane Street because spreads can be very high on different trading platforms. Global BTC exchanges can have as much as 10 percent in arbitrage opportunities between each trading venue. Jane Street has not given any details on how it has been trading BTC but explains that if cryptos continue to be hot, the company will continue to remain active.

"Jane Street trades over 56,000 products globally across a wide variety of asset classes, including bitcoin," the company explains this week.