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IBIT Shareholder Shock: Hong Kong Firm Laurore Stuns Market with $436M BlackRock Bitcoin ETF Position

IBIT Shareholder Shock: Hong Kong Firm Laurore Stuns Market with $436M BlackRock Bitcoin ETF Position

BitcoinWorldIBIT Shareholder Shock: Hong Kong Firm Laurore Stuns Market with $436M BlackRock Bitcoin ETF PositionIn a stunning revelation that underscores the global institutional embrace of cryptocurrency, a Hong Kong-based entity has emerged as the single largest new shareholder of BlackRock’s iShares Bitcoin Trust (IBIT). As of December 31, 2023, the firm Laurore held a position worth approximately $436 million, a disclosure that immediately reshapes the landscape for spot Bitcoin [...]This post IBIT Shareholder Shock: Hong Kong Firm Laurore Stuns Market with $436M BlackRock Bitcoin ETF Position first appeared on BitcoinWorld.

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