Hong Kong, Hong Kong, February twentieth, 2025, Chainwire
Hong Kong-based funding group Avenir Group has emerged as a significant institutional participant within the digital asset market, with its current disclosure revealing a big $599 million funding in Bitcoin ETFs. This strategic transfer not solely underscores Avenir’s confidence in the way forward for digital belongings but in addition marks a pivotal second in its model evolution and enterprise technique.
*Avenir Group holds 11.3 million shares of IBIT, valued at roughly $599 million
Main Institutional Funding in Bitcoin ETFs
Avenir Group’s newest 13F submitting revealed a big improve in Bitcoin ETF publicity, positioning it as Asia’s largest institutional holder of Bitcoin ETFs. As of December 31, Avenir owns 11.3 million shares of BlackRock’s iShares Bitcoin Belief (IBIT), valued at roughly $599 million. This strategic funding makes Avenir the most important holder of Bitcoin ETFs in Asia, highlighting its dedication to digital belongings and monetary innovation.
Institutional Surge in Bitcoin ETFs Accelerates Mainstream Adoption
The most recent SEC 13F filings reveal a rising institutional urge for food for Bitcoin ETFs. In accordance with K33 Analysis, institutional traders held 25.4% of spot Bitcoin ETF belongings by This autumn 2024, totaling $26.8 billion. All through the quarter, main establishments—together with funding companies, hedge funds, banks, and pension funds—considerably elevated their holdings.
Initially established as Li Lin’s household workplace, Avenir Group has advanced into a number one funding group specializing in monetary innovation and rising applied sciences. The agency’s multi-asset, multi-strategy strategy spans quantitative buying and selling, public markets, non-public fairness, and digital asset investments. Beneath its umbrella, DeepTrading operates independently as a high-frequency buying and selling group, whereas the Avenir Basis focuses on expertise schooling and innovation.
Avenir Group firmly believes that the convergence of digital belongings with conventional finance, alongside the fusion of monetary innovation and rising applied sciences, will redefine international markets. Dedicated to compliance and globalization, Avenir is strategically positioning itself to drive long-term, sustainable progress within the trade. With deep trade insights, distinctive funding efficiency, proprietary information fashions, and sturdy threat administration methods, Avenir Group continues to pioneer new frontiers in Web3 and digital asset investments.
Demonstrating a Dedication to the Crypto Ecosystem
Avenir’s elevated funding in Bitcoin ETFs aligns with its strategic initiatives to drive innovation within the digital asset market. In September 2024, the agency launched the $500 million Crypto Partnership Program to collaborate with top-tier quantitative buying and selling groups worldwide. This program empowers high-performing groups with superior expertise to deal with key challenges in crypto buying and selling. By fostering a technology-driven, extremely environment friendly buying and selling ecosystem, Avenir reinforces its dedication to the long-term progress and evolution of the worldwide digital asset market.
About Avenir Group
Avenir Group, based by Li Lin and named after the French phrase for “a greater future,” is a pioneering funding group specializing in investments in monetary innovation and rising applied sciences. With a world presence spanning the U.S., U.Ok., Japan, Singapore, and Hong Kong, the agency leverages deep trade insights, excellent efficiency, and self-developed information fashions and threat administration methods, and maintains a number one place within the Web3 and digital asset sectors.
The group additionally operates its sub-brand DeepTrading, which focuses on high-frequency buying and selling within the cryptocurrency market and runs the Avenir Basis, a philanthropic initiative devoted to supporting expertise schooling and innovation, fostering international technological growth, and expertise cultivation.
For extra info, customers can go to https://avenir.hk/.
Contact
Advertising & Intelligence Director
Shawn Su
Avenir Group
[email protected]