Li Lin’s Avenir Group boosts Bitcoin ETF holdings significantly

Avenir Group raised its stake in the BlackRock Bitcoin ETF to 14.7 million shares, valued at 691 million USD. This acquisition reflects increasing trust from institutions in Bitcoin as a key asset in wealth management.

With Bitcoin’s market cap at 2.06 trillion USD and a recent 23.15% price increase over 30 days, this investment trend may indicate broader confidence in cryptocurrency markets and could influence future strategies.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts