
Avenir Group Becomes Asia’s Largest Bitcoin ETF Holder with $599 Million Stake
Hong Kong-based investment firm Avenir Group has made a significant move in the digital asset market by investing $599 million in Bitcoin ETFs, making it Asia’s largest institutional holder of Bitcoin ETFs. This new development highlights an increasing demand from institutional investors for digital assets.
According to recent 13F filings, Avenir Group has seen a substantial increase in its Bitcoin ETF exposure, now holding 11.3 million shares valued at $599 million.
Source: zycrypto.com