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Billionaires Are Buying a BlackRock ETF Wall Street Experts Say May Soar Up to 50,415%
BLKBlackRock(BLK) The Motley Fool·2025-02-08 08:20

Several billionaire hedge fund managers in the third quarter added to their positions in the iShares Bitcoin Trust (IBIT -1.18%), an exchange-traded fund (ETF) issued by BlackRock that tracks the price of Bitcoin (BTC -0.87%). Details are provided below:Israel Englander of Millennium Management bought 12.6 million shares of the iShares Bitcoin Trust, increasing his stake by 116%. The BlackRock fund is now his eighth largest holding excluding options.Paul Tudor Jones of Tudor Investment bought 3.5 million sh ...