Avenir Group Plenty Plus Im Besitz Von BlackRock Bitcoin ETF, Di Show Wie Instityushon Dem Kripto Mehr Vertrauen Geben
Avenir Group wey dey Hong Kong, one big family office wey get root from Lee family, don gada plenty money enta BlackRock iShares Bitcoin Trust, wey make dem be di biggest owner of Bitcoin ETFs for Asia. According to one paper dem file wey dem call 13F on May 15, 2024, Avenir now get about 14.7 million shares of di ETF, wey worth $6.91 billion. Before before, dem get 11.3 million shares for di end of 2023. Dis way dem just dey gada plenty shares show say big big company and pipo wey get money don dey accept and trust Bitcoin more. E mean say pipo don dey comot from normal money go to digital money. Avenir strategy wey get different different ways, like trading wey dem use number and putting big focus on digital money world, show say di company believe say Bitcoin go worth plenty for long time. When big financial company dem like dis make beta move, crypto traders dey eye dem well well, because e fit change how market dey feel and add more money to Bitcoin market. Avenir don also support dis kain plan with things like $500 million Crypto Partnership Program to support crypto trading teams and build better structure.
Bullish
Avenir Group increase well-well for their BlackRock Bitcoin ETF holdings show say big big company get strong trust for Bitcoin, support the talk say institutions dey carry crypto join body more. When big money people put plenty cash like this, dem dey see am as dem believe for the thing, e dey ginger market spirit and bring more money inside, wey fit open road for price to go up or stay one place for short and long time. Wetin more, dem launch big program to support crypto world show say dem serious for digital money and infrastructure, mean say dem expect am to continue dey grow. Before before, anytime institutions increase their Bitcoin ETF holdings like this, market dey usually do well, especially as traditional finance dey carry crypto things join dem more.