Bitcoin News
By Jean-Luc Maracon
1 / 15
Laurore Ltd. just dropped $436 million into BlackRock's Bitcoin ETF. The move puts this mysterious Hong Kong-linked entity among the biggest institutional players in IBIT,…
2 / 15
Nobody knows much about Laurore Ltd. The company's 13F-HR filing with regulators shows the massive Bitcoin bet, but details about who runs it or where the cash came from stay…
3 / 15
Bitcoin traded around $45,000 on February 20th. Wild swings continue.
4 / 15
The timing seems interesting given how institutional money keeps flowing into crypto products.
5 / 15
Laurore's SEC filing doesn't mention plans to buy more shares or dump the position. Market pros can't figure out if the offshore entity wants to hold long-term or make a quick…
6 / 15
The Bitcoin ETF space keeps attracting serious cash flows despite regulatory uncertainty. SEC officials continue watching crypto products closely as they work out rules for the…
7 / 15
BlackRock's fund performance mirrors broader Bitcoin price moves, which makes sense given the direct connection.
8 / 15
The mysterious nature of Laurore Ltd. raises questions about offshore capital flows into digital assets.
9 / 15
Market data from CoinMarketCap shows Bitcoin's price swings continue affecting ETF performance across the board.
10 / 15
The February 21st filing didn't list other major transactions from Laurore Ltd., suggesting the Bitcoin ETF investment might be a one-off move or part of a larger strategy that's…
11 / 15
Offshore entities getting into Bitcoin ETFs could signal broader acceptance of digital assets among international investors. But the secretive nature of companies like Laurore Ltd.
12 / 15
Trading desks across Wall Street probably noticed the size of Laurore's position in IBIT. The $436 million investment ranks among the largest single positions disclosed in…
13 / 15
BlackRock's push into digital assets comes as traditional asset managers compete for crypto market share.
14 / 15
Industry insiders watch for copycat moves from other offshore funds or institutional players.
15 / 15
SEC oversight of crypto products continues evolving as more institutional money flows into digital assets.
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