Key dealers
- Avenir Group increased its share in Blackrock’s Ishares Bitcoin Trust to $ 14.7 million worth $ 691 million.
- Goldman Sachs is still the largest Ibit investor with 30.8 million shares after a 28% increase in holdings.
Avenir Group, Asia’s largest Bitcoin ETF investor, increased its holdings in Blackrock’s flagship Crypto Fund, Ishares Bitcoin Trust (Ibit), during the first quarter of 2025, according to a new Sec disclosure.
The Hong Kong-based institutional family office reported that they had approximately 14.7 million IBIT shares valued at $ 691 million as of March 31, up from $ 11.3 million at the end of last year.
The company also revealed the ownership of over $ 58,000 worth approximately $ 4 million in Fidelity Wise Origin Bitcoin Fund (FBTC).
Registration follows Goldman Sach’s latest disclosure of Holds 30.8 million IBIT shares Valued at more than $ 1.4 billion as of March 31, which corresponds to an increase of 28% from its previous 24 million shares.
Goldman Sachs retains its position as IBIT’s largest institutional investors and holds additional positions in Fidelity’s FBTC and Blackrock’s Spot Ethereum ETF.
Avenir Groups was founded in 2023 and has offices in Hong Kong, USA, UK, Japan and Singapore, focusing on financial innovation and new technology through its investment platform and Avenir Foundation.
Ibit, which Bloomberg Intelligence identifies as one of the fastest growing ETFs in history, has collected over $ 64 billion in assets under management from 14 May.
Fund’s shares closed at $ 58.70 on Wednesday, one down 1.5%, according to Yahoo Finance data.