Mystery Hong Kong firm bumili ng ₱25.24B sa BlackRock Bitcoin ETF
Bumili ang Hong Kong company na Laurore ng ₱25.25 billion ($436.2 million) worth ng BlackRock Bitcoin ETF sa fourth quarter, kaya itinuring silang "the largest new institutional buyer". Pero mystery pa rin kung sino talaga sila.
Bumili ang Hong Kong company na Laurore ng ₱25.25 billion ($436.2 million) worth ng BlackRock Bitcoin ETF sa fourth quarter, making them the largest new institutional buyer. Nangyari ito habang nag-record ang US spot Bitcoin ETFs ng ₱6.07 billion ($104.9 million) outflows nitong Tuesday, at bumagsak pa ang trading volume sa mahigit na ₱173.66 billion ($3 billion)— 80% na mababa kumpara sa record high na ₱850.96 billion ($14.7 billion) last February 5.
Sabi ni Jeff Park, adviser sa Bitwise Investments, possible daw na institutional Chinese capital ang pumasok sa Bitcoin through Laurore's IBIT position. Speculation niya, baka related ito sa capital flight kasi ang filer name na Zhang Hui is basically the Chinese version ng John Smith—super common.
Ranked second as biggest buyer si Jane Street na bumili ng ₱15.98 billion ($276 million) worth ng IBIT sa same quarter. Nag-add naman ng 2.8 million shares si Weiss Asset Management worth ₱6.22 billion ($107.5 million), while dinagdagan ni 59 North Capital ang position nila by 2.6 million shares valued at ₱5.78 billion ($99.8 million). Yung state-owned na Mubadala Investment ng Abu Dhabi, nag-boost pa ng 45% from 8.7 million shares sa Q3 to 12.7 million shares worth ₱36.51 billion ($630.7 million) sa Q4.
Di naman lahat nag-increase ng exposure. Si Brevan Howard, nag-slash ng 85%—from 37 million shares valued at ₱138.93 billion ($2.4 billion) sa Q3 down to 5.5 million shares worth ₱15.83 billion ($273.5 million) lang sa Q4. Nag-trim din si Goldman Sachs ng 40% ng holdings nila pero hawak pa rin nila ₱57.89 billion ($1 billion) worth ng IBIT assets.
Nagpakita ang fourth quarter SEC filings ng dramatic reshuffling among major financial players. Ang ₱25.25 billion ($436.2 million) entry ni Laurore stands out kasi malaki, plus mystery pa rin talaga ang background at ultimate ownership structure ng Hong Kong firm. Kaya andaming speculation na baka Chinese institutional money ang pumapasok sa US Bitcoin products through offshore vehicles.
Ang artikulong ito ay isinulat batay sa ulat mula sa Cointelegraph.
