Institutional investor Paul Tudor Jones adds 109,446 BlackRock Bitcoin ETF shares while cutting calls by 85%
Tudor Investment reported 18.9% more direct shares in BlackRock's iShares Bitcoin Trust ETF at June 30 than it held three months earlier, even as its reported call-equivalent quantity fell 85.2%. Together, those moves...
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An important story is making waves across the blockchain ecosystem. Tudor Investment reported 18. 9% more direct shares in BlackRock's iShares Bitcoin Trust ETF at June 30 than it held three months earlier, even as its reported call-equivalent quantity fell 85. Together, those moves complicate a straightforward reading that the manager simply increased its Bitcoin ETF exposure.
Tudor Investment listed 688,529 direct IBIT shares in its latest SEC holdings table, up from 579,083 in its first-quarter table. The difference was 109,446 shares. Related Reading Wall Street is sitting on a $16.
Market Dynamics
3 billion Bitcoin loss, and an August 14 deadline will expose who is quietly fleeing US spot Bitcoin ETF investors are 22% underwater as Aug. 14 filings reveal which institutions held, added or sold through the drawdown. Aug 1, 2026 Gino Matos Direct shares 579,083 688,529 +18.
9% Call equivalents 998,000 148,000 -85. 2% Put equivalents 725,000 715,000 -1. 4% The put-equivalent quantity barely moved, edging down to 715,000 from 725,000.
At June 30, the filing valued the direct shares at $22. 9 million, the call line at $4. 93 million and the put line at $23.
Market Impact
Related Reading Bitcoin ETF calls surge 24-fold as puts fall 52. 95M IBIT underlying shares Its Aug. 95 million call underlying-share equivalents at June 30, while account purpose remained unresolved.
Aug 14, 2026 Liam 'Akiba' Wright How Form 13F reports options Those call and put dollar figures are underlying-security values rather than option premiums or fair values. Form 13F's instructions require reported option values and quantities to be stated in terms of the underlying security. Here, the common reference is IBIT shares and their quarter-end market value.
The reported put-equivalent row was about 4. 8 times the call-equivalent row at June 30. Three months earlier, the call row was about 1.
Crypto markets are watching this development closely as investors weigh its potential impact on prices.
