Share this article
Hedge Fund Pioneer Paul Tudor Jones Says He Holds 1%-2% of Assets in Bitcoin
"We’re watching the birthing of a store of value, and whether that succeeds or not only time will tell," he told CNBC.
Updated May 9, 2023, 3:08 a.m. Published May 11, 2020, 1:45 p.m.
Paul Tudor Jones II, a pioneer of the modern hedge fund industry, confirmed he has invested somewhere between 1% and 2% of his assets in bitcoin.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Speaking to CNBC in an interview on Monday, Jones expressed some concerns with bitcoin, but he still praised its potential.
“There’s very little trust in it [bitcoin]," he said. However, “we’re watching the birthing of a store of value, and whether that succeeds or not only time will tell."
Jones did not specify whether he invested in bitcoin futures or has custody of actual bitcoins.
On Thursday, Jones made headlines by comparing bitcoin to gold during the 1970s. He has said his fund, BVI Global Fund, which manages $22 billion, could invest as much as “a low single-digit percentage exposure percentage" of its assets in bitcoin futures.
Bitcoin investors are betting total users will reach “120 million or 200 million,” Jones told CNBC, with current estimates indicating between 55 and 70 million people own bitcoin.
With society’s continued digitization, the investor said it’s hard to look around and “not to think that the preponderance of evidence at this point in time doesn't point in that direction.”
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bybit returns to UK with 100 crypto trading pairs after 2-year break
Bybit exited the U.K. in 2023 following a tightening of rules around the promotion and marketing of crypto services.
What to know:
- Bybit reentered the U.K. under a framework designed to meet financial promotion standards and enhance transparency for local users.
- Bybit will operate and provide marketing of its services under the auspices of London-based crypto exchange Archax.
Top Stories
