A little-known Hong Kong-based firm, Laurore Ltd., has emerged as the largest new holder of BlackRock’s iShares Bitcoin Trust ETF (IBIT) after disclosing ownership of approximately 8.79 million shares valued at $436 million as of December 31, 2025. This stake, revealed in a Form 13F filing submitted to the U.S. Securities and Exchange Commission, has garnered attention among market watchers following its highlighting by Jeff Park, chief investment officer at ProCap Financial. The disclosure signals ongoing shifts in institutional ownership of Bitcoin ETFs, which have been fluctuating amid overall market weakness, a trend mirrored by the holdings of other notable investors like Abu Dhabi-linked funds and Harvard Management Company.
Laurore Ltd. becomes largest holder of BlackRock’s iShares Bitcoin Trust ETF with $436M stake
