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    Home»Crypto News»Billionaire Paul Tudor Jones Pours $445,000,000 Into Single Asset, New SEC Filings Present – The Day by day Hodl
    Billionaire Paul Tudor Jones Pours 5,000,000 Into Single Asset, New SEC Filings Present – The Day by day Hodl
    Crypto News

    Billionaire Paul Tudor Jones Pours $445,000,000 Into Single Asset, New SEC Filings Present – The Day by day Hodl

    By Crypto EditorFebruary 16, 2025No Comments2 Mins Read
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    Billionaire hedge fund supervisor Paul Tudor Jones is pouring lots of of thousands and thousands of {dollars} into one of many hottest ETFs available on the market.

    New SEC filings present Jones has practically doubled his fund’s stake in BlackRock’s Bitcoin ETF, from 4,428,230 shares to eight,048,552 shares.

    After the massive buys, Tudor Funding Company is now holding about $445 million of the BlackRock iShares Bitcoin Belief (IBIT).

    Late final yr, Jones touted Bitcoin as a hedge towards inflation and poor fiscal administration from the federal government.

    “I feel all roads result in inflation. I’m lengthy gold, I’m lengthy Bitcoin, I feel commodities are so ridiculously under-owned.”

    The BlackRock iShares Bitcoin Belief (IBIT) presently manages 583,122 BTC on behalf of its purchasers, valued at $56.86 billion at time of publishing.

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    Billionaire Paul Tudor Jones Pours $445,000,000 Into Single Asset, New SEC Filings Present – The Day by day Hodl

    Disclaimer: Opinions expressed at The Day by day Hodl usually are not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual danger, and any losses you might incur are your duty. The Day by day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Day by day Hodl an funding advisor. Please notice that The Day by day Hodl participates in internet online affiliate marketing.

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