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Tudor Investment adds 109,446 shares to BlackRock Bitcoin ETF stake – TON BOT

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Tudor Investment adds 109,446 shares to BlackRock Bitcoin ETF stake

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Tudor Investment increased its stake in BlackRock Bitcoin ETF by 18.9% in the second quarter, adding 109,446 IBIT shares worth $22.9 million. The hedge fund cut its call-option exposure to the fund by 85%. Other institutions, including Morgan Stanley and UBS, also increased their holdings in the fund, while some like Harvard Management Company kept their positions unchanged. Paul Tudor Jones has been a vocal supporter of Bitcoin as an inflation hedge. In early August, U.S. spot Bitcoin ETFs saw net inflows, with BlackRock’s IBIT accounting for a significant portion of the total.

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