Avenir significantly increases investment in Bitcoin ETFs, with a portfolio of nearly 700 million USD solely in IBIT
The investment group #Avenir based in Hong Kong has recently attracted the attention of the financial community by significantly increasing the number of shares of BlackRock's spot Bitcoin ETF (IBIT). Specifically, in the first quarter of 2025, Avenir purchased an additional 3.4 million shares of IBIT, raising the total holdings to 14.7 million shares – worth approximately 688 million USD as of March 31.
This level of investment accounts for up to 86% of Avenir's portfolio, demonstrating the near-absolute trust of the fund in the long-term growth potential of Bitcoin and digital assets. Avenir's IBIT holdings have increased by 30% in just the first three months of the year, amidst a slight correction in the Bitcoin market, but ETF funds are still recording record inflows.
Clear strategy: Enhance access to digital assets
Since February, Avenir has clearly demonstrated its strategic direction by announcing ownership of 11,300 shares #IBIT valued at 599 million USD, while emphasizing that they are emerging as a "major institutional player" in the digital asset market. In addition to IBIT, the fund also holds about 52,500 shares of FBTC (Fidelity's Bitcoin ETF), worth more than 4.2 million USD.
This is part of Avenir's long-term strategy. Since the end of last year, this fund has launched the Crypto Partnership Program with a budget of 500 million USD to collaborate with quantitative trading teams specializing in digital assets worldwide.
Favorable policies from the US and Asia are driving institutional capital flows
Avenir's additional investment in IBIT also reflects a larger trend in Asia, particularly in Hong Kong, where policies are increasingly open to digital assets. Not only limited to Asia, institutions in the US are also accelerating their approach to Bitcoin, especially after President Donald Trump issued a series of decrees supporting Bitcoin mining rights and establishing a Strategic Bitcoin Reserve at the US Department of the Treasury.
Since the first 10 Bitcoin ETFs were approved by the SEC in January 2024, the market has attracted more than 41 billion USD in net inflows – showing an unprecedented level of interest from traditional investors.
Additionally, more than 12 states in the US are also considering putting Bitcoin into state treasuries – showing the spread of Bitcoin-friendly thinking even at the local level.
Contact with the crypto market and Binance users
Avenir's move is an important signal for Binance users and individual investors: institutional money is flowing into Bitcoin through ETFs, and this trend shows no signs of stopping. Users can track Bitcoin ETF products on information platforms like CoinMarketCap, or refer to on-chain data to assess the actual market demand.
Risk warning:
Investing in cryptocurrencies and related financial products such as Bitcoin ETFs carries high risks, including significant price volatility and unstable legal factors. Users need to be cautious, carefully consider their investment goals and risk tolerance before participating in the crypto market. This is not investment advice.