According to ChainCatcher, Monolith Management, an investment company of former Sequoia China executives, holds more than $24 million in BlackRock's Bitcoin spot ETF, becoming one of the top two holders in Hong Kong, holding more than Zuckerberg's Meta. Its portfolio also includes Nvidia and Microsoft.
IvyRock Asset Management, another Hong Kong fund company, reported holding nearly $19 million worth of BlackRock’s Bitcoin spot ETF. While the Hong Kong exchange recently launched Bitcoin spot ETFs, these products have attracted far less capital than their U.S. counterparts.
