Avenir Group Files 13F Revealing $1.01B Stake in BlackRock Bitcoin ETF

According to Bloomberg data reported by PANews on August 15, Avenir Group, founded by Li Lin, maintains its top position among Asian institutional investors with a $1.01B stake in BlackRock's iShares Bitcoin ETF.

BTC

Summary

PANews reported on August 15 that Bloomberg data shows Avenir Group, founded by Li Lin, holds 16,558,663 shares of BlackRock's iShares Bitcoin ETF valued at approximately $1.01 billion, reinforcing its status as the leading Asian institutional investor in this asset.

Terms & Concepts
  • 13F Report: A regulatory filing by institutional investors disclosing their holdings, typically submitted quarterly.
  • Bitcoin ETF: An exchange-traded fund that provides exposure to Bitcoin, allowing investors to gain indirect exposure without owning the asset directly.