“Is China using US Bitcoin ETFs as a backdoor? Mystery Hong Kong firm invested $436M in Bla” — what this page in the network covers. An obscure Hong Kong firm has disclosed a $436 million position in BlackRock’s Bitcoin ETF, a revelation that is fueling speculation about Chinese capital... Mystery Hong Kong firm invested $436M in BlackRock’s IBIT An obscure Hong Kong firm has disclosed a $436 million position in BlackRock’s Bitcoin ETF, a revelation that is fueling speculation about Chinese capital flowing into crypto through offshore side doors. Laurore Ltd, a previously unknown entity, reported the stake in BlackRock Inc.’s iShares Bitcoin
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