Abu Dhabi’s Mubadala Increases BlackRock Bitcoin ETF Holdings to Over $408M

Quick Summary:

Abu Dhabi’s sovereign wealth fund Mubadala has reported a substantial increase in its stake in BlackRock’s iShares Bitcoin Trust (IBIT).According to a U.S.

SEC 13F filing dated March 31, 2025, the fund now holds 8,726,972 IBIT shares, up from 8,235,533 shares reported at the end of 2024.

During his speech, he described Bitcoin as a store of value and a safeguard against various forms of economic disruption.

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Article Details

Author / Journalist: Zayan

Category: Crypto

Markets: United Arab Emirates

Topics: BlackRock Abu Dhabi Market News Bitcoin ETF Market Updates

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-16 @ 08:48:53 (22 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 416 words

Reading Time: 3 minutes read

Sentences: 33 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 28745434

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News Last Updated: 14 hours ago

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