Hong Kong's Avenir Group Expands Its Holdings in BlackRock Bitcoin ETF to $6.91 Billion

Asia’s largest Bitcoin ETF holder boosts stake in BlackRock’s IBIT - WorldNL Magazine

The firm added around 3.4 million IBIT shares by the end of Q1. Key Takeaways Avenir Group increased its stake in BlackRock's iShares Bitcoin Trust to 14.7 million shares worth $691 million. Goldman Sachs remains the largest IBIT investor with 30.8 million shares after a 28% increase in holdings. Avenir Group, Asia’s largest Bitcoin ETF investor, increased its holdings in BlackRock’s flagship crypto fund, the iShares Bitcoin Trust (IBIT), duri…

Asia's largest Bitcoin ETF holder boosts stake in BlackRock's IBIT

Avenir Group's increased stake in IBIT highlights growing institutional confidence in crypto ETFs, potentially driving further market adoption. The post Asia’s largest Bitcoin ETF holder boosts stake in BlackRock’s IBIT appeared first on Crypto Briefing.

Hong Kong's Avenir Group Expands Its Holdings in BlackRock Bitcoin ETF to $6.91 Billion

The post Hong Kong’s Avenir Group Expands Its Holdings in BlackRock Bitcoin ETF to $6.91 Billion appeared on BitcoinEthereumNews.com. According to a recent 13F filing by the Avenir Group, a family office based in Hong Kong, the Lee family has significantly increased its stake in the BlackRock Bitcoin ETF. As of May 15th, their holdings now encompass approximately 14.7 million shares, valued at an impressive $6.91 billion. This marks a considerab…

Hong Kong's Avenir Discloses 14.7 Million Shares Worth $691M in BlackRock Bitcoin ETF IBIT, Asia's Largest Holder

Hong Kong-based investment firm Avenir disclosed in its latest 13F filing that it owns 14.7 million shares of BlackRock's iShares Bitcoin Trust ETF (IBIT) as of March 31, valued at approximately $691 million. This represents an increase from the 11.3 million shares reported as of December 31. The disclosed position makes Avenir the largest Bitcoin ETF holder in Asia. The firm's Bitcoin ETF holdings are valued close to $857 million according to m…