TechFlow reports that, according to official filings released on February 14, Avenir Group—founded by Li Lin—disclosed its latest Bitcoin ETF holdings. In Q4 2025, Avenir Group’s holdings in BlackRock’s IBIT remained unchanged: as of year-end 2025, its stake in BlackRock IBIT stood at 18,287,323 shares, with only a minor adjustment of approximately -0.053% from Q3 due to trading friction. Since Q2 2024, Avenir Group has held the position of Asia’s largest institutional holder of Bitcoin ETFs for seven consecutive quarters.
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