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Abu Dhabi sovereign wealth fund Mubadala is currently the seventh largest holder of BlackRock Bitcoin ETF

Abu Dhabi sovereign wealth fund Mubadala is currently the seventh largest holder of BlackRock Bitcoin ETF

Bitget2025/02/14 20:49

Bloomberg senior analyst James Seyffart released data on the X platform indicating that Abu Dhabi's sovereign wealth fund, Mubadala Investment Company, is currently the seventh largest known holder of BlackRock Bitcoin ETF (IBIT), holding IBIT worth $461.23 million. This shows that traditional financial institutions are increasingly interested in the cryptocurrency market and are beginning to participate through investments in Bitcoin ETFs and other methods.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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