Hong Kong’s Laurore Ltd. emerges as the largest new holder of iShares Bitcoin Trust (IBIT), disclosing 8.79M shares (~$436M in Q4). The stake’s value has since dropped ~24%, sparking fresh scrutiny over offshore ETF exposure to Bitcoin. 📉 #IBIT #Crypto
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Hong Kong’s Laurore Ltd. emerges as the largest new holder of iShares Bitcoin Trust (IBIT), disclosing 8.79M shares (~$436M in Q4). The stake’s value has since dropped ~24%, sparking fresh scrutiny over offshore ETF exposure to Bitcoin. 📉 #IBIT #Crypto