Paul Tudor Jones’ macro hedge fund Tudor Investment increased its stake in BlackRock’s spot Bitcoin ETF, IBIT, in the second quarter of 2025. The firm held 688,529 shares worth approximately $22.9 million as of June 30, representing an 18.9% increase from the previous quarter. This move marks the end of a year-long period of consistent selling. Tudor Investment also reduced its call options positions by 85% to shift toward direct spot exposure, though the current stake remains far below its late-2024 peak of over 8 million shares. Paul Tudor Jones, a long-time Bitcoin advocate as an inflation hedge, is sending a significant signal amid renewed institutional interest in Bitcoin ETFs.
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