Global crypto investment funds have achieved a significant milestone, continuing their winning streak for the ninth consecutive week and drawing in $1.9 billion in new inflows, as reported by CoinShares. This marks the highest year-to-date total for digital asset funds, which now stands at $13.2 billion for 2024. For investors in the UAE, this trend...
Abu Dhabi will host the second edition of the Bitcoin MENA conference in December 2025, following the success of the inaugural event held in December 2024. The conference is a collaborative effort between ADNEC Group and BTC Inc Group, aiming to bring together industry leaders and enthusiasts in the cryptocurrency sector. Credit: WAM The 2024...
Bitcoin continues to dominate global markets, and a significant indication of this trend comes from Abu Dhabi. The sovereign wealth fund Mubadala has officially announced an investment of $408.5 million in the iShares Bitcoin Trust (IBIT) managed by BlackRock. This move strengthens Bitcoin’s position as a strategic financial asset for institutional investors, revolutionizing the traditional...
Cantor Fitzgerald is embarking on a significant cryptocurrency venture in collaboration with Tether and Japanese technology investor SoftBank Group. The partnership aims to purchase bitcoin, capitalizing on the anticipated growth in interest for digital currencies under U.S. President Donald Trump’s administration. On Wednesday, it was announced that Cantor Equity Partners, a blank-check vehicle, will merge...
The UAE has attracted more than $30 billion in cryptocurrency investments over the past year, according to data from forex.com. This significant influx highlights the nation’s emergence as a key player in the global crypto market, ranking among the top 10 countries for cryptocurrency adoption in 2025. The UAE’s strategic leadership in regulation and innovation...