Two prominent U.S. investment firms have disclosed combined holdings exceeding $56 million in spot Bitcoin exchange-traded funds, according to recent regulatory filings. The disclosures point to continued interest in regulated Bitcoin products among large asset managers.

Edelman Financial Engines Reports $34 Million Stake

Edelman Financial Engines revealed a $34 million position in spot Bitcoin ETFs. The holding is split between BlackRock’s iShares Bitcoin Trust and Grayscale’s primary Bitcoin product. This allocation surpasses the firm’s $25 million position in Amazon shares, even though it remains a small portion of the overall portfolio.

The move aligns with the long-standing views of founder Ric Edelman. He has supported Bitcoin ETFs since 2019, well before the Securities and Exchange Commission approved the first spot products in January 2024. Edelman also established the Digital Assets Council of Financial Professionals, an organization focused on educating financial advisors about cryptocurrency and blockchain technology.

Edelman Financial Engines oversees approximately $326 billion in assets under management.

Tudor Investment Increases Bitcoin ETF Exposure

Tudor Investment Corporation, the firm led by macro trader Paul Tudor Jones, reported ownership of 688,529 shares of BlackRock’s iShares Bitcoin Trust as of June 30. The position was valued at $22.9 million. This marks an increase from the previous quarter, when the firm held 579,083 shares.

Jones has built a career analyzing inflation cycles and historical market patterns. The firm manages roughly $106 billion in assets.

Growing Institutional Allocations

Together, the two firms’ Bitcoin ETF positions total more than $56 million. Both manage substantial assets and have chosen to expand exposure to regulated Bitcoin products rather than other major technology stocks in certain cases.

The filings arrive as more traditional asset managers examine ways to incorporate digital assets into portfolios. Spot Bitcoin ETFs have provided a regulated vehicle for such allocations since their approval in early 2024.

Edelman Financial’s stake exceeds its Amazon holding, while Tudor’s position continues a pattern of gradual increases. These disclosures add to the record of institutional activity in the Bitcoin ETF market.