bitcoinist.com ✍️ Abu Dhabi's Mubadala Investment Company increased its exposure ...

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2025-05-17 07:02:35

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✍️ Abu Dhabi's Mubadala Investment Company increased its exposure to crypto by investing in BlackRock's spot Bitcoin ETF, adding 491,439 shares worth $28.8 million.
👉 Mubadala added 491,439 shares of BlackRock's iShares Bitcoin Trust (IBIT) worth $28.8 million
👉 The fund's total Q1 holding in IBIT is worth approximately $512 million
👉 Mubadala's decision reflects a growing trend among global institutions moving capital into regulated Bitcoin investment vehicles
👉 Other institutions, such as Hong Kong-based Avenir and Citadel Advisors, have also increased their exposure to IBIT

#AbuDhabi #HongKong #UnitedStates #technology

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nevent1q…uzvu
bitcoinist.com (nprofile…le2g)
https://www.tradingview.com/x/xDhcQmVL/
Abu Dhabi’s sovereign wealth fund, Mubadala Investment Company, increased its exposure to crypto during the first quarter of 2025 through additional investment in BlackRock’s spot Bitcoin ETF. A recent filing with the US Securities and Exchange Commission (SEC) revealed that the fund added 491,439 shares of BlackRock’s iShares Bitcoin Trust (IBIT), raising its total holdings […]
https://bitcoinist.com/abu-dhabis-crypto-408m-bitcoin-etf-blackrocks-ibit/

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2025-05-17 07:02:35

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