Avenir Group has expanded its bitcoin holdings, which reports $ 599 million in Blackrock’s Ishares Bitcoin Trust.
It was detected in Avenir’s increased exposure 13f filingWhich gives details of institutional investments including property positions and evaluation. The boom aligns with rapid growth of ibit, which now manages $ 56 billion in property.
The growth of Blackrock’s bitcoin (BTC) ETF shows the growing institutional interest in crypto investment. Avenir’s extended stake regulated digital asset investment inputs to highlight its strategic condition on the growing demand of products.
The firm also revealed a $ 4.2 million stake in Fidelity’s Wise Origin Bitcoin Fund, with 52,544 shares.
Avenir Group is an institutional family office and investment management firm dedicated to investing in emerging technologies through financial technology innovation. He has offices in Hong Kong, United States, United Kingdom, Japan and Singapore.
The firm is engaged in a wide range of multi-strategy, multi-strategy investments in both traditional financial and digital asset regions.
After Barkle’s leadership
The UK -based organization, Barclay, also acquired 2,473,064 Ibit shares, entering the bitcoin ETF market.
The purchase took place in the fourth quarter of 2024, from October to December, after the election price hike after the election, the supporter of US President Donald Trump operated by the bitcoin stance.
Along with major banks such as Barclayz Goldman Sachs and JP Morgan, institutional crypto joined the growing trend, which also enhanced their bitcoin ETF holdings.
