Tuesday, January, 21, 2025

Offshore Firm Laurore Becomes Top IBIT Holder, Shocking Bitcoin ETF Move Revealed!

Laurore Ltd. surprises the market with its massive bitcoin ETF position.
Laurore
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Fridah Kangai

Fridah Kangai is a dedicated crypto journalist with a sharp eye for market trends, blockchain innovation, and digital asset movements. She specializes in breaking down complex topics into clear, engaging stories for both seasoned investors and curious newcomers. With a passion for decentralization and a pulse on the ever-evolving crypto space, Fridah delivers timely, accurate, and insightful coverage. Her work bridges the gap between technology and everyday understanding in the world of cryptocurrency.
  • Laurore Ltd. becomes the largest new holder in IBIT ETF.
  • Offshore entity Laurore’s bitcoin stake raises questions in financial world.
  • IBIT ETF’s latest large holder reveals mystery behind Laurore Ltd.

A little-known offshore entity, Laurore Ltd., has stunned the financial world by becoming the largest new holder of BlackRock’s iShares Bitcoin Trust (IBIT) ETF. Recent filings revealed that Hong Kong-based company owned 8.79 million shares of IBIT which were worth about 436 million as of December 31, 2025. As the filing, which was filed with the U.S. Securities and Exchange Commission (SEC) on January 28, shows, Laurore position is the largest new IBIT holder during the 4 th -quarter disclosures.

The market has been surprised by the news, considering that Laurore has a low-profile in the publicity market. Laurore now is worth approximately 334 million dollars at the present price of at least 38 per share a 24 percent decrease compared to the price at which he first entered the company. Such a substantial decrease, in case Laurore retains all status, casts doubt on the intentions and future plans of the firm in a very unstable bitcoin market.

Also Read: ZeroLend Shuts Down After Major Losses and Liquidity Crisis – Here’s What Happened!

Laurore’s Mysterious Background Raises Eyebrows in the Bitcoin ETF Space

Laurore is also a mystery even with the big role. The company has his name Zhang Hui as the reporting filer and the regional base is in Hong Kong. This has brought more speculation due to the unavailability of information concerning the beneficial owners of Laurore. The filing was first noted by Jeff Park, Chief Investment Officer at ProCap Financial who proposed that Laurore might prove to be an instrument that would allow investors to gain access to bitcoin in a regulated ETF market. This would be logical, particularly to those investors in jurisdictions where they have limited access to crypto.

Laurore’s Move Signals Growing Institutional Bitcoin Interest Amidst Market Uncertainty

The sudden appearance of Laurore in the IBIT market can be observed when the institutional attention to bitcoin ETFs is still changing. The other filings made this week showed that funds associated with Abu Dhabi have over $1 billion of IBIT and Harvard Management Company has kept a position of over $266 million, however, it reduced its holdings in the quarter.

Although the market structure of the Bitcoin market is still not clear, as analysts believe that there will be a rangebound market in the near future, institutional investors seem more inclined towards regulated Bitcoin ETFs as a low-risk approach to exposure. The move by Laurore into the IBIT ETF highlights this pattern and suggests that institutional mass utilization of digital assets is potentially gradually gaining enough traction, though the overall market of crypto remains volatile at present.

Also Read: XRP Faces Major Setback: Active Addresses Drop 26% – What’s Behind the Decline?

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