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

2025-02-15 04:29:10
According to Bloomberg senior analyst James Seyffart, Abu Dhabi sovereign wealth fund Mubadala Investment Company is currently the seventh largest holder of the known BlackRock Bitcoin ETF (IBIT), holding $461.23 million worth of IBIT.
This shows that Traditional Financial Institutions Groups are increasingly interested in the cryptocurrency market and are starting to participate in it by investing in Bitcoin ETFs and other means.