Hong Kong-based investment firm Avenir Group has emerged as the largest Asian institutional player in the digital asset market, investing $599 million in Bitcoin ETFs.
Based on its recent 13F filing, Avenir Group has seen a significant increase in Bitcoin ETF exposure, making it Asia’s largest institutional holder of Bitcoin ETFs, with 11.3 million shares valued at $599 million.
This places the firm in a strategic position of influence within the Asian crypto space and marks a pivotal moment in its brand evolution and business strategy.
The filing shows an increasing demand from institutional investors for digital assets, as evidenced by the number of such institutions that increased their holdings in 2024.
As of 31 December 2024, institutional investors held 25.4% of spot Bitcoin ETF assets totaling $26.8 billion, and Avenir group holds a significant share in this.
The firm’s multi-asset, multi-strategy approach spans quantitative trading, public markets, private equity, and digital asset investments. DeepTrading operates independently as a high-frequency trading team, while the Avenir Foundation focuses on technology education and innovation.
Avenir Group is determined to drive long-term, sustainable growth in the industry, believing that the intersection of crypto and tradfi will redefine global markets.
This is proven by the company’s increased investment in Bitcoin ETFs, which aligns with its strategic initiatives to drive innovation in the digital asset market.
The firm launched the $500 million Crypto Partnership Program in September 2024 to collaborate with top-tier quantitative trading teams worldwide and empower high-performing teams with advanced technology to tackle key challenges in crypto trading.
Avenir Group has a global presence in the U.S., U.K., Japan, Singapore, and Hong Kong. By leveraging deep industry insights, outstanding performance, and self-developed data models and risk management systems, it maintains a leading position in the Web3 and digital asset sectors.
For more information, users can visit https://avenir.hk/.
Contact
Brand Representative
Brand Representative
Avenir Group
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