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UAE Sovereign Funds Hold Combined $763M Stake in BlackRock's Bitcoin ETF

Guavy AI Editorial Team
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BTC
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The Abu Dhabi sovereign wealth funds have significant Bitcoin positions, according to recent regulatory filings. Mubadala Investment Company revealed it holds a $490 million stake in BlackRock's iShares Bitcoin Trust, its second-largest single holding across its entire 13F portfolio.

The Abu Dhabi Investment Council also reported a $273.6 million position in the popular Bitcoin exchange-traded fund, making it the biggest position in its portfolio.

This combination totals $763.7 million of BlackRock's Bitcoin ETF held by both wealth funds, with their positions unchanged since last quarter.

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