On August 15, 2026, the investment company owned by Paul Tudor Jones ended its year-long sell-off of the BlackRock Bitcoin ETF and resumed buying and increasing its position. This marks the first shift to adding after the institution had continuously reduced its holdings of the ETF for four consecutive quarters starting from the third quarter of 2025, confirming its bullish stance in the short term toward Bitcoin as a risky asset. The first observation point ahead is whether, over the next two weeks, the net inflow data for the BlackRock Bitcoin ETF can reverse the net outflow trend of nearly the past month. The second observation point is whether, after the Federal Reserve’s FOMC meeting decision is released in September, institutions’ appetite to allocate to Bitcoin ETFs will see a further rebound. $BTC #机构动向 #比特币ETF #crypto ETF