A little-known offshore entity has entered the Bitcoin exchange-traded fund (ETF) arena with a $436 million position, instantly becoming one of the largest new institutional shareholders in Blackrock’s Ishares Bitcoin Trust (IBIT). Offshore capital flows? Hong Kong-linked Laurore Ltd. holds a major stake in IBIT according to a Form 13F-HR filed with US Securities (…)
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Mysterious Offshore Entity Takes $436M Position in Blackrock’s Bitcoin ETF
