Hong Kong firm Laurore discloses $436M in BlackRock's iShares Bitcoin Trust, becoming largest new shareholder

According to a year-end SEC (U.S. securities regulator) Form 13F filing, Laurore reported 8.79 million shares of the iShares Bitcoin Trust (ticker: IBIT) valued at $436 million.

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Terms & Concepts
  • Form 13F: A quarterly disclosure that U.S. institutional investment managers file with the SEC listing certain equity holdings.
  • iShares Bitcoin Trust (IBIT): BlackRock's exchange-traded product offering Bitcoin exposure through publicly traded shares.
  • Bitcoin ETF: An exchange-traded fund that tracks Bitcoin's price, providing exposure without directly holding the cryptocurrency.