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UAE Wealth Funds Keep Faith in Bitcoin with $763.6 Million Stake

Guavy AI Editorial Team
Instruments
BTC
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Two UAE sovereign wealth funds, Mubadala and Abu Dhabi Investment Council, collectively hold $763.6 million in BlackRock's iShares Bitcoin ETF (IBIT).

This significant BTC exposure reflects the UAE's bullish stance on Bitcoin despite recent price drops.

Institutional demand for BlackRock's Bitcoin ETF improved in August after a 16% decline in 2026, suggesting renewed investor interest that could stabilize BTC prices.

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