Abu Dhabi's sovereign wealth fund, Mubadala, held $534 million worth of BlackRock's Bitcoin ETF at the end of June.

According to a U.S. SEC filing, Abu Dhabi's sovereign wealth fund, Mubadala, held 8,726,972 shares of IBIT as of June 30, with a market value of approximately $534 million. This holding has remained unchanged since the previous filing in May. Additionally, in a new filing, Al Warda Investments disclosed that it held 2,411,034 shares of IBIT as of June 30, with a market value of approximately $147.5 million. The manager of this holding is listed in the filing as the Abu Dhabi Investment Council, Mubadala's sovereign wealth fund.