UBS increases Bitcoin ETF exposure via IBIT call options and holdings
UBS reported calls linked to 1.95 million IBIT shares as of June 30, up from 80,000 three months earlier, and raised direct IBIT holdings 12% to 407,890 shares worth about $13.6 million. UBS put exposure fell 53% to 143,300 shares. The filing gives no strike prices or expirations. Tudor Investment also increased IBIT holdings 18.9% to 688,529 shares worth about $22.9 million, alongside higher stakes from other banks despite a Bitcoin price decline.