Paul Tudor Jones has added to his backhand position; IBIT holdings increased in one go by 18.9%, worth $22.90 million—cutting off a sell-off trend that lasted a full year. He trimmed 91% of the position before, and now he’s picked it back up again. This is the timing artistry of a top-tier pro.
At the macro level, when hedge funds re-enter spot ETFs, it usually signals an early take on a turn in liquidity and a return to trading themes related to fiscal deficits. US Treasuries are going wild, gold is hitting new highs, and in an environment like this, BTC isn’t short on ammunition.
Don’t rush to chase, but make sure you keep a firm grasp on direction—this move isn’t retail sentiment; it’s smart money setting up the board. #macro #ETF $BTC $IBIT.ETF
At the macro level, when hedge funds re-enter spot ETFs, it usually signals an early take on a turn in liquidity and a return to trading themes related to fiscal deficits. US Treasuries are going wild, gold is hitting new highs, and in an environment like this, BTC isn’t short on ammunition.
Don’t rush to chase, but make sure you keep a firm grasp on direction—this move isn’t retail sentiment; it’s smart money setting up the board. #macro #ETF $BTC $IBIT.ETF