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TechFlow reported that Monolith Management, an investment firm led by a former Sequoia China executive, disclosed holding over $24 million in BlackRock's spot Bitcoin ETF. This position represents the fifth-largest holding of the Hong Kong-based firm and more than double its stake in Meta.
Another Hong Kong-based fund manager, IvyRock Asset Management, also reported nearly $19 million worth of holdings in BlackRock’s spot Bitcoin ETF.
Monolith Management, an investment firm founded by a former Sequoia China executive, disclosed holdings of over $24 million in BlackRock's spot Bitcoin ETF. This positions the ETF as the firm's fifth-largest holding, more than double its stake in Meta. Another Hong Kong-based fund manager, IvyRock Asset Management, also reported nearly $19 million in holdings of BlackRock’s spot Bitcoin ETF.
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