<ul><li>Abu Dhabi’s sovereign wealth fund, Mubadala, has invested $408.5 million in BlackRock’s Bitcoin ETF, iShares Bitcoin Trust (IBIT).</li><li>The fund disclosed owning 8,726,972 shares of IBIT as of March 31, 2025, marking an increase from the previous holding of 8,235,533 shares by the end of 2024.</li><li>This investment by Mubadala aligns with the rising popularity of U.S. spot Bitcoin ETFs, with significant inflows seen in May, particularly in BlackRock’s IBIT.</li><li>The increased exposure comes amidst discussions between U.S. crypto policy leaders and the UAE, focusing on the future of digital currencies and artificial intelligence.</li></ul>

Abu Dhabi’s Sovereign Wealth Fund Reveals $408 Million Investment In BlackRock’s Bitcoin ETF

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