Chinese public company invests in BlackRock BTC and Ethereum ETFs
China Financial Leasing Group, a Hong Kong–listed company, disclosed in its interim performance report that it has invested in cryptocurrency exchange-traded funds (ETFs), including products from BlackRock, amid a weaker U.S. dollar and strengthening Bitcoin.
According to the announcement filed with the Hong Kong Stock Exchange on August 30, the firm said it has begun allocating capital to the cryptocurrency sector, focusing on funds that directly hold physical Bitcoin and Ethereum rather than synthetic products.
The company’s current portfolio includes the Southern Eastern Hong Kong Dollar Money Market ETF, BlackRock iShares Bitcoin Trust ETF, Huaxia Bitcoin ETF, and iShares Ethereum Trust ETF. The move reflects a broader shift among institutional players in Asia who are increasingly using regulated ETFs to gain exposure to digital assets.
The firm noted that persistent U.S. dollar weakness has played a role in boosting Bitcoin’s value, driving interest in cryptocurrency as part of a diversified investment strategy. While China Financial Leasing Group did not disclose the size of its ETF allocations, the decision marks its first formal step into the digital asset market through traditional investment vehicles.
The company’s current portfolio includes the Southern Eastern Hong Kong Dollar Money Market ETF, BlackRock iShares Bitcoin Trust ETF, Huaxia Bitcoin ETF, and iShares Ethereum Trust ETF. The move reflects a broader shift among institutional players in Asia who are increasingly using regulated ETFs to gain exposure to digital assets.
The firm noted that persistent U.S. dollar weakness has played a role in boosting Bitcoin’s value, driving interest in cryptocurrency as part of a diversified investment strategy. While China Financial Leasing Group did not disclose the size of its ETF allocations, the decision marks its first formal step into the digital asset market through traditional investment vehicles.
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