BREAKING 🚨
Paul Tudor Jones' investment firm has increased its stake in BlackRock's bitcoin ETF.
The firm's move comes after a year of selling, with calls falling 85.2% to 148,000 underlying shares, and puts slipping 1.4% to 715,000. This change in strategy is notable, given the firm's previous actions. The increase in stake suggests a vote of confidence in the bitcoin ETF. I've seen similar moves in the market before, but this one is particularly interesting.
I think this development will be closely watched by market participants, and its impact will be felt in the coming days 📊💰.
$COW, $HEMI, $CYS
Paul Tudor Jones' investment firm has increased its stake in BlackRock's bitcoin ETF.
The firm's move comes after a year of selling, with calls falling 85.2% to 148,000 underlying shares, and puts slipping 1.4% to 715,000. This change in strategy is notable, given the firm's previous actions. The increase in stake suggests a vote of confidence in the bitcoin ETF. I've seen similar moves in the market before, but this one is particularly interesting.
I think this development will be closely watched by market participants, and its impact will be felt in the coming days 📊💰.
$COW, $HEMI, $CYS