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Who Says Chinese Investors Can't Own Bitcoin? Mystery Firm Pours $436 Million Into BlackRock's ETF - iShares Bitcoin Trust (NASDAQ:IBIT)
Summary by cryptocrunchapp.com
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1 Articles
Who Says Chinese Investors Can't Own Bitcoin? Mystery Firm Pours $436 Million Into BlackRock's ETF - iShares Bitcoin Trust (NASDAQ:IBIT)
According to Bitwise Invest advisor Jeff Park, China may be seeing “capital flight” into crypto. Is Chinese Capital Entering Quietly? Recent 13F filings show Laurore Ltd., a previously unknown Hong Kong–based firm, as a major holder of BlackRock‘s iShares Bitcoin Trust (NASDAQ:IBIT). The filer is listed as “Zhang Hui,” a common Chinese name. Laurore has no website, public profile or operating history. Its structure, likely based in the Cayman …
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