
Bitcoin news
February 25, 2025 at 03:46 PM
Abu Dhabi has invested $437M in BlackRock's iShares Bitcoin ETF.
The Mubadala Investment Company, a sovereign wealth fund from Abu Dhabi, purchased over 8.2 million shares of BlackRock's iShares Bitcoin Trust (IBIT). This purchase was confirmed through a 13F filing with the U.S. SEC, reportedly making Abu Dhabi the first government-backed institution to invest in a Bitcoin ETF.
Source: https://www.sec.gov/Archives/edgar/data/1704268/000108514625001478/xslForm13F_X02/infotable.xml