Avenir Group, a Hong Kong-based investment firm, has increased its holdings in BlackRock’s iShares Bitcoin Trust (IBIT) to 14
Avenir Group, a Hong Kong-based investment firm, has increased its holdings in BlackRock’s iShares Bitcoin Trust (IBIT) to 14.7 million shares as of March 31, 2025, up from 11.3 million shares at the end of 2024. This stake is valued at approximately $691 million, positioning Avenir as the largest Bitcoin ETF holder in Asia. The firm’s increased exposure to IBIT reflects a growing institutional interest in Bitcoin ETFs within the region. Various reports indicate the value of Avenir’s Bitcoin ETF holdings ranges between $681 million and $857 million, with the most recent and consistent filings citing $691 million as the valuation for the 14.7 million shares owned. This development underscores Asia’s expanding role in the global Bitcoin investment landscape.
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