Hong Kong’s Avenir Doubles Bitcoin ETF Holdings to $691 Million

Avenir Group has significantly increased its investments in Bitcoin ETFs, reaching a staggering $691 million as of March 2025. This move makes the Hong Kong-based firm Asia’s largest institutional holder of Bitcoin ETFs, signaling growing interest and confidence in digital assets. Avenir’s significant investment in these assets reflects a broader trend of increased institutional participation in the cryptocurrency market, particularly in Asia.