Key Highlights
- Tudor Investment Corp expanded its BlackRock IBIT holdings by 18.9%, reaching 688,529 shares valued at $22.9 million by June 30, 2026
- The investment represents a significant increase from the 579,083 shares disclosed at Q1 2026’s conclusion
- Call options linked to IBIT were slashed by 85.2%, while put option positions saw a modest decline
- Jones continues advocating for bitcoin as the premier inflation protection tool due to its capped supply
- This disclosure arrived during the same week Edelman Financial revealed a $34 million investment in Bitcoin ETFs
The hedge fund managed by billionaire Paul Tudor Jones has discreetly expanded its holdings in BlackRock’s Bitcoin ETF, despite the overall position remaining substantially lower than its 2024 zenith.
According to recent filings, Tudor Investment Corp maintained 688,529 shares in BlackRock’s iShares Bitcoin Trust at the close of June 2026. This represented an 18.9% uptick compared to the 579,083 shares documented at the end of the first quarter.
At the filing date, this holding carried a valuation of $22.9 million and currently sits around $24.5 million in value. With approximately $106 billion in assets under management, this bitcoin exposure represents a relatively modest allocation within Tudor’s extensive investment portfolio.
The investment firm submitted its quarterly 13F form to the Securities and Exchange Commission last Friday. Such regulatory filings are mandatory each quarter and reveal institutional investment positions as they stood on the final day of the reporting period.
Dramatic Reduction in Call Options
Beyond the increase in direct shareholdings, Tudor’s filing revealed a substantial decrease in call options associated with the ETF. Call option coverage plummeted 85.2% to encompass 148,000 underlying shares, a steep drop from the 998,000 reported in March.
Meanwhile, put option positions experienced a minor reduction, declining from 725,000 to 715,000 underlying shares. Since the disclosure doesn’t specify strike prices or expiration dates, these options likely serve hedging purposes rather than representing speculative directional positions.
Jones initially revealed ownership of 869,565 iShares Bitcoin Trust shares in mid-2024. That position subsequently ballooned to 8.05 million shares with a $427 million valuation by year-end before experiencing quarterly reductions throughout 2025. Today’s stake remains 91.4% below that late-2024 maximum.
Veteran Investor Champions Bitcoin for Inflation Protection
For several years, Jones has stood among Wall Street’s most outspoken proponents of bitcoin. His initial exposure was revealed in a May 2020 research memo titled “The Great Monetary Inflation,” where he positioned bitcoin as the “fastest horse” in combating inflation driven by central bank monetary expansion.
During a 2024 CNBC appearance, Jones disclosed he held long positions in both gold and bitcoin while avoiding fixed income entirely. More recently, in April 2026, he declared bitcoin the “best inflation hedge,” highlighting its predetermined supply cap as a critical edge over precious metals like gold.
BlackRock’s iShares Bitcoin Trust continues to lead the US spot bitcoin ETF market, commanding approximately 49% of aggregate spot bitcoin ETF assets. Combined assets across all US-listed spot bitcoin ETFs approached $105 billion at the conclusion of Q2 2026.
Tudor’s regulatory filing emerged during the same week that Edelman Financial announced a $34 million bitcoin ETF allocation, signaling expanding appetite among conventional asset management firms for regulated bitcoin investment vehicles.
Tudor Investment’s subsequent 13F disclosure, covering activity through the third quarter, is scheduled for mid-November 2026.





