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Mubadala of Abu Dhabi Invests $408 Million in BlackRock's Bitcoin ETF
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19.05.202519.05.2025Cryptocurrency

Mubadala of Abu Dhabi Invests $408 Million in BlackRock’s Bitcoin ETF

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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...

Abu Dhabi's Sovereign Wealth Fund Invests $436 Million in Bitcoin ETFs in Q1
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15.02.202515.02.2025Investments

Abu Dhabi’s Sovereign Wealth Fund Invests $436 Million in Bitcoin ETFs in Q1

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Abu Dhabi’s Sovereign Wealth Fund (ADSWF) has made a noteworthy investment of $436 million in Bitcoin exchange-traded funds (ETFs) during the first quarter of 2025. Such large acquisitions by sovereign funds may influence market dynamics and investor sentiment, as they signal increasing confidence in Bitcoin and could drive further institutional investments. This investment, recorded on...