{
  "id": 1062575,
  "title": "Paul Tudor Jones’ investment firm increases stake in BlackRock's bitcoin ETF after year of selling",
  "url": "https://urgent.news/2026/08/15/paul-tudor-jones-investment-firm-increases-stake-in-blackrocks",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-15T15:12:29.000Z",
  "source": {
    "name": "CoinDesk",
    "slug": "coindesk",
    "url": "https://www.coindesk.com/business/2026/08/15/paul-tudor-jones-investment-firm-increases-blackrock-s-bitcoin-etf-stake-after-year-of-selling"
  },
  "original_language": "en",
  "account": "Paul Tudor Jones' Tudor Investment firm boosted its ownership in BlackRock's spot bitcoin ETF in Q2 while reducing its call option holdings by 85%. The company owned 688,529 shares of the iShares Bitcoin Trust ETF (IBIT) as of June 30, valued at $22.9 million. This represented an 18.9% increase from the 579,083 shares held at the end of March, now worth around $24.5 million. Tudor also decreased its call option position tied to 148,000 IBIT shares, down 85.2% from 998,000 in March. Its put option position slightly declined by 1.4% to 715,000 underlying shares. The exact strike prices and expiration dates of the options were not disclosed in the filings. While Tudor initially disclosed 869,565 IBIT shares in mid-2024 and increased the position to 8.05 million shares by year-end, it subsequently cut the stake every quarter of 2025, ending with 576,523 shares. The company's initial buildup occurred as bitcoin prices surged from around $60,000 to $92,000, followed by cuts in subsequent quarters. Despite the latest purchases, Tudor's direct-share position in the ETF remained 91.4% below its peak at the end of 2024, accounting for a small fraction of the $71.9 billion portfolio. Tudor has consistently viewed bitcoin as an inflation hedge, holding long positions in both bitcoin and gold.",
  "summary": "Calls fell 85.2% to 148,000 underlying shares, while puts slipped 1.4% to 715,000.",
  "key_points": [
    "Tudor Investment increased ownership in BlackRock's Bitcoin ETF in Q2.",
    "Reduced call option holdings by 85%, now owning 688,529 shares.",
    "Put option position slightly declined by 1.4%, to 715,000 shares."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}