Abu Dhabi Sovereign Wealth Fund Mubadala Is Now the Seventh Largest Holder of BlackRock’s Bitcoin ETF

Odaily News Bloomberg senior analyst James Seyffart published data on the X platform, saying that Abu Dhabi sovereign wealth fund Mubadala Investment Company is currently the seventh largest 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 in it by investing in Bitcoin ETFs.