BREAKING
358d 4h ago

Billionaire Paul Tudor Jones Doubles Down on Bitwise Bitcoin ETF Holdings, Now Valued at $4.269 Billion

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

In a significant move for institutional investment in cryptocurrency, Paul Tudor Jones‘s firm has revealed its substantial stake in the Bitwise Bitcoin ETF (IBIT). According to a recent report by Cointelegraph dated February 17th, the investment firm now holds an impressive $4.269 billion in IBIT, marking a noteworthy increase from previous holdings. This strategic decision reflects growing confidence among high-profile investors in the Bitcoin ETF market, often seen as a gateway for traditional investors to gain exposure to digital assets. The doubling of its position underscores a broader trend where large investment firms are increasingly integrating cryptocurrency into their portfolios. As regulatory clarity improves, many analysts predict continued institutional adoption, positioning Bitcoin as a formidable asset class within modern investment strategies.

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