Abu Dhabi wealth fund invests $408M in Bitcoin via IBIT ETF

By: bitcoin ethereum news|2025/05/16 16:45:05
0
Share
copy
Abu Dhabi’s Mubadala Investment Company has boosted its stake in BlackRock’s iShares Bitcoin Trust, indicating continued interest in crypto from one of the world’s largest sovereign wealth funds. According to a May 15 filing with the Securities and Exchange Commission, as of Mar. 31, Mubadala held 8.7 million IBIT shares worth $408.5 million. That’s an increase from 8.2 million shares at the end of 2024. While the number of shares rose, the total value dipped from $436 million due to fluctuations in IBIT’s price, which closed at $58.86 on May 15, according to Yahoo Finance data. The IBIT investment is a small part of Mubadala’s portfolio, which consists of more than $300 billion in total assets under management. Even so, it’s among the biggest Bitcoin (BTC) ETF allocations ever made by a sovereign wealth fund. Investing in IBIT allows funds like Mubadala to obtain exposure to Bitcoin without actually holding the cryptocurrency. It offers the liquidity and ease of use of a conventional ETF without the hassle of private keys, custody, and compliance. Since its launch in early 2024, IBIT has grown to become one of the most traded spot Bitcoin ETFs, with over 33 million shares traded every day. While Mubadala’s IBIT position has grown, other entities seem to be stepping back. In Q1 of 2025, the State of Wisconsin Investment Board sold all of its shares in IBIT, which amounted to over 6 million shares valued at $355.6 million. This represents a sharp reversal from its previous aggressive accumulation strategy. Meanwhile, more governments are warming up to crypto. In the U.S., president Donald Trump is pushing for the creation of a national Strategic Bitcoin Reserve. On the regulatory front, U.S. banks can now custody crypto more easily after policy changes, and the state of Missouri is working to remove capital gains tax on digital assets like Bitcoin. Source: https://crypto.news/__trashed-20/

You may also like

Bitcoin Hits $73,000 Triggering $427M Short Liquidation | Carl Moon: $200,000 is the Target

April 9, 2026 (UTC+0), 22:17. Bitcoin (BTC) executed a high-velocity surge within minutes, heavy-hitting the $73,000 psychological barrier and touching a local high near $74,000. While the price has since retraced to consolidate above $72,000, this "instant ambush" successfully completed a $427M liquidation of short positions.

a16z partner: perpetual contracts are rewriting the global trading rules

Perpetual contracts are shedding the label of tools in the crypto space and transforming into a foundational force reshaping the global trading structure. Thanks to breakthroughs in decentralized platforms and the introduction of RWA, perpetual contracts, with their round-the-clock operation, high c...

Bitcoin ETF Inflows Just Turned Positive After 5 Months of Outflows: What Does That Mean for BTC Price Now?

The Hidden Risks Behind Bitcoin ETF Inflows in 2026: What Traders Should Know. The question now isn't whether inflows are happening. It's what they're telling you about the next phase and whether your portfolio is positioned for it.

Decoding 2026's Bitcoin ETF Data: How to Trade Alongside Institutional Smart Money in 2026

After months of sustained outflows, rolling 30-day net ETF inflows just crossed 30,000 BTC. That's not noise. Historically, when institutional capital rotates back in at this scale, it marks a regime shift — not just a bounce.

Auto Earn Bonus 2026: WEEX vs Binance vs Bybit vs OKX vs Kraken (Only 1 Pays Extra)

Auto Earn 2026: Binance? Bybit? No extra bonus. Only WEEX gives +0.5% + 300% APR referral. Limited-time. See exactly how much more you can earn.

Auto Earn 2026: WEEX Offers 0.5% Extra + 300% APR Bonus — More Than Binance & Bybit?

Most exchanges offer Auto Earn, but only WEEX adds an extra 0.5% bonus on balance growth + 300% APR referral rewards in 2026. Here’s how WEEX compares to Binance, Bybit, OKX, and Kraken — and why you might earn more with a simple toggle.

Popular coins

Latest Crypto News

Read more