Abu Dhabi Sovereign Wealth Fund Expands Bitcoin ETF Holdings to $630 Million
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Mubadala Investment Company increased its holdings in the iShares Bitcoin Trust (IBIT) to 12.7 million shares worth $630.6 million, reflecting a strong institutional interest in Bitcoin. Abu Dhabi's investment entities collectively own over $1.1 billion in IBIT shares, while BlackRock's IBIT manages about $58 billion in assets as the largest spot Bitcoin ETF.
- Mubadala raised IBIT holdings to 12.7 million shares valued at $630.6 million.
- Abu Dhabi investment entities collectively hold over $1.1 billion worth of IBIT shares.
- BlackRock’s IBIT manages roughly $58 billion in assets, the largest spot Bitcoin ETF.
Large institutional investors across the United States and the Middle East are continuing to increase exposure to Bitcoin through exchange-traded funds, signaling sustained institutional interest in crypto-linked investment products.
Recent regulatory filings show that Abu Dhabi sovereign wealth fund Mubadala Investment Company expanded its holdings in the iShares Bitcoin Trust (IBIT), the spot Bitcoin ETF issued by BlackRock. As of the latest disclosure, Mubadala held 12.7 million IBIT shares valued at approximately $630.6 million, marking an increase from the 8.7 million shares reported in the previous quarter.
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Abu Dhabi Funds Expand Bitcoin ETF Holdings Through IBIT
Abu Dhabi wealth funds added to bitcoin ETF holdings in Q4
Abu Dhabi Sovereign Wealth Fund Expands Bitcoin ETF Holdings to $630 Million
Share:
Mubadala Investment Company increased its holdings in the iShares Bitcoin Trust (IBIT) to 12.7 million shares worth $630.6 million, reflecting a strong institutional interest in Bitcoin. Abu Dhabi's investment entities collectively own over $1.1 billion in IBIT shares, while BlackRock's IBIT manages about $58 billion in assets as the largest spot Bitcoin ETF.
- Mubadala raised IBIT holdings to 12.7 million shares valued at $630.6 million.
- Abu Dhabi investment entities collectively hold over $1.1 billion worth of IBIT shares.
- BlackRock’s IBIT manages roughly $58 billion in assets, the largest spot Bitcoin ETF.
Large institutional investors across the United States and the Middle East are continuing to increase exposure to Bitcoin through exchange-traded funds, signaling sustained institutional interest in crypto-linked investment products.
Recent regulatory filings show that Abu Dhabi sovereign wealth fund Mubadala Investment Company expanded its holdings in the iShares Bitcoin Trust (IBIT), the spot Bitcoin ETF issued by BlackRock. As of the latest disclosure, Mubadala held 12.7 million IBIT shares valued at approximately $630.6 million, marking an increase from the 8.7 million shares reported in the previous quarter.
…Read The Full Article Abu Dhabi Sovereign Wealth Fund Expands Bitcoin ETF Holdings to $630 Million On Coin Edition.
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Abu Dhabi Funds Expand Bitcoin ETF Holdings Through IBIT