Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Monolith Management, owned by former Sequoia executive, has invested $24 million in BlackRock's spot Bitcoin ETF

Monolith Management, owned by former Sequoia executive, has invested $24 million in BlackRock's spot Bitcoin ETF

Bitget2024/05/07 15:50

Golden Finance reported that Monolith Management, an investment company owned by former Sequoia China partner Cao Xi, has held more than $24 million in BlackRock's spot Bitcoin ETF. The Hong Kong-based company's holdings in BlackRock's ETF not only rank fifth, but are more than twice its investment in Meta stocks.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.

According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.

华尔街见闻•2026/09/26 11:36