Tudor Reverses Course on IBIT as Edelman Discloses $34 Million Bitcoin ETF Stake

Edelman Financial Engines disclosed that it holds approximately $34 million in spot Bitcoin exchange-traded funds, including BlackRock's iShares Bitcoin Trust (IBIT) and Grayscale products.

This position exceeds the firm's reported $25 million holding in Amazon and represents only a fraction of its $260 billion in assets under management.

The same quarterly 13F filing also revealed that Tudor Investment Corporation, founded by Paul Tudor Jones, increased its direct IBIT stake by 18.9% to 688,529 shares valued at $22.9 million during the second quarter.

This move reverses a year-long trend of quarterly reductions in Tudor's IBIT holdings, which peaked at 8.05 million shares worth approximately $427 million in late 2024.

The Abu Dhabi Investment Council and Mubadala Investment Company maintained combined IBIT holdings of approximately 22.94 million shares worth roughly $763.7 million, unchanged from the prior quarter.