{"content":"#BTC Abu Dhabi's Sovereign Wealth Funds Maintain Major Positions in BlackRock's Bitcoin ETF (IBIT) Institutional Crypto Holdings Key Details from SEC Filings: Mubadala Investment Company (Abu Dhabi’s $276B sovereign wealth fund) Holding: 8,726,972 shares of BlackRock’s IBIT (iShares Bitcoin Trust) Value: $534 million (as of June 30) Status: Unchanged since May 2024, indicating a long-term bullish stance on Bitcoin exposure. Al Warda Investments (Managed by Abu Dhabi Investment Council, part of Mubadala) Newly Reported Holding: 2,411,034 shares of IBIT Value: $147.5 million Significance: This marks the first major disclosure, reinforcing Abu Dhabi’s growing institutional adoption of cryptocurrency. Why This Matters: Sovereign wealth funds, such as Mubadala, are key players in legitimizing Bitcoin as an institutional asset. BlackRock’s IBIT remains a top choice for large investors, with over $18B in ATH assets. Abu Dhabi’s continued holdings suggest confidence in Bitcoin’s long-term value despite market volatility. #bitcoin #blackRock ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/15/0f8f66b4fa5744fa88c1f50509f92c5b.jpg"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}