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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.

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