Li Lin’s Avenir Group Doubles Bitcoin ETF Holdings, Driving Institutional Confidence in Crypto

A significant investment boost by Li Lin’s Hong Kong-based Avenir Group has sent a clear signal of growing confidence in the cryptocurrency market. Avenir Group recently acquired an additional 14.7 million shares of the BlackRock Bitcoin ETF, valuing the portfolio at $691 million. This move marks a substantial increase from their previous holdings, which stood at 11.3 million shares as of December 2024.