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

Tudor Investment has increased its BlackRock Bitcoin ETF stake by 18.9% in the second quarter, ending a year-long run of reductions while cutting most of its reported call-option exposure to the fund. Summary Tudor Investment increased its BlackRock Bitcoin ETF stake by 18.9% in the second quarter. The hedge fund added 109,446 IBIT shares, taking its total holding to 688,529 shares worth about $22.9 million. Tudor cut its reported IBIT call options by about 85% while its put position remained roughly unchanged. The purchase ended a year-long run of reductions from Tudor’s late 2024 peak of more than 8 million IBIT shares. The Securities and Exchange Commission filing submitted on Aug. 14 showed that the macro hedge fund founded by billionaire Paul Tudor Jones held 688,529 shares of BlackRock’s iShares Bitcoin Trust, or IBIT, as of June 30, up from 579,083 shares at the end of March. Tudor added 109,446 shares during the quarter, taking the reported value of the position to about $22.9 million. The purchase reversed the direction of its IBIT holdings after the firm spent much of 2025 reducing a position that had once exceeded 8 million shares. At the end of 2024, Tudor held more tha...