Recent data shows that crypto inflows surged to nearly $2.2 billion last week, indicating a growing enthusiasm for the cryptocurrency market.

Bitcoin's price recently surged past $92,000, buoyed by favorable market conditions following Donald Trump's presidential victory, which is anticipated to lead to supportive crypto regulations.

Currently, Bitcoin ranks as Tudor's third-largest non-options position, following significant holdings in SPDR S&P 500 ETF Trust and Nvidia.

Despite the substantial investment, Jones' holdings in the Bitcoin ETF represent only 1.7% of his fund’s total assets of $9 billion.

Tudor's investment announcement coincides with Benzinga's Future of Digital Assets event, which focuses on Bitcoin's institutional role and regulatory developments.

Tudor Investment Corporation, under the leadership of Paul Tudor Jones, has dramatically increased its Bitcoin holdings, now owning over 4.4 million shares in BlackRock’s iShares Bitcoin Trust ETF as of late September 2024.

This marks a staggering 400% increase from the previous quarter, where the firm held only 869,565 shares.

Tudor's strategic move to quadruple its stake comes as regulatory clarity improves and the adoption of digital assets continues to rise.

This significant investment by Tudor may inspire other institutional investors to explore similar opportunities, further solidifying Bitcoin's position in mainstream finance.

Tudor's actions reflect a broader trend of institutional interest in digital assets, highlighted by Goldman Sachs' recent $700 million expansion into Bitcoin ETFs.

Optimism is building around the potential approval of spot Bitcoin ETFs in the U.S., which could significantly enhance institutional participation.

The basis trade, a strategy favored by hedge funds, is driving increased interest in Bitcoin ETFs among institutional investors.