Monolith Management, an investment firm owned by a former Sequoia China partner, invested $24 million in BlackRock’s Bitcoin ETF

Odaily News Monolith Management, an investment firm owned by former Sequoia China partner Cao Xi, revealed that it owns 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 double its investment in Meta stocks.