Billionaire Paul Tudor Jones Doubles Bitcoin ETF Holdings to $445 Million

Paul Tudor Jones, a well-known billionaire and hedge fund manager, has significantly increased his investment in one of the most sought-after exchange-traded funds (ETFs) on the market.

Recent filings with the U.S. Securities and Exchange Commission (SEC) indicate that Jones has nearly doubled his holdings in BlackRock’s Bitcoin ETF. His firm, Tudor Investment Corporation, now owns over 8 million shares, up from around 4.4 million previously.

With aggressive purchases over the past two quarters, the firm’s total investment in BlackRock’s iShares Bitcoin Trust (IBIT) has reached approximately $445 million.

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Jones has long been vocal about his support for Bitcoin, previously highlighting it as a safeguard against inflation and government mismanagement of fiscal policies.

He has expressed confidence in assets like gold and Bitcoin, believing that inflation is inevitable and that commodities remain vastly underrepresented in investment portfolios.

Currently, BlackRock’s IBIT fund holds 583,122 BTC on behalf of its investors, with a total valuation of $56.86 billion as of the latest update.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.