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BTCC / BTCC Square / decryptCO /
Hong Kong Fund Goes All-In on BlackRock’s Bitcoin ETF—Position Balloons to $688M

Hong Kong Fund Goes All-In on BlackRock’s Bitcoin ETF—Position Balloons to $688M

Author:
decryptCO
Published:
2025-05-15 19:47:58
19
2

Hong Kong Investment Firm Loads Up on BlackRock Bitcoin ETF, Shares Grow to $688M

While traditional finance scrambles to keep up, a Hong Kong investment firm just doubled down on crypto—plowing millions into BlackRock’s spot Bitcoin ETF. The play now represents a staggering $688 million stake.

Wall Street’s usual suspects might scoff, but someone’s betting big on institutional crypto adoption. And given BlackRock’s track record, they might just have the last laugh.

Bonus jab: Meanwhile, your local hedge fund manager is still ’waiting for the right entry point’ since 2013.

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