Two investment funds based in Abu Dhabi held more than $1 billion in BlackRock’s leading Bitcoin spot ETF shares at the end of last year, according to the latest disclosed filings.
Mubadala Investment Company reported owning 12,702,323 IBIT shares, valued at approximately $631 million. Meanwhile, Al Warda Investments held 8,218,712 shares, equivalent to about $408 million, according to 13F reports filed with the U.S. Securities and Exchange Commission.
Mubadala alone increased its IBIT holdings by 46% compared to the previous quarter. BlackRock’s Bitcoin spot ETF is currently the largest fund in the market, with about $58 billion in assets under management, although its value has decreased significantly following Bitcoin’s recent price correction.
The 13F report is a quarterly filing required for organizations managing $100 million or more in assets, reflecting stock and stock option positions at the end of the period but not providing a complete picture of the entire portfolio strategy.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
New Crypto Buyers Enter the Market: Kazakhstan Plans to Invest Up to $350 Million
The Central Bank of Kazakhstan plans to invest up to $350 million in crypto assets, with investments starting from April to May, accounting for only 0.5% of reserves. At the same time, crypto assets seized by law enforcement will also be included in the national crypto fund, demonstrating the country's further recognition and cautious attitude towards cryptocurrencies.
PANews9m ago
Bitcoin Gold Price Soars 12.83%: Institutional Interest Grows
Bitcoin Gold's price surged by 12.83% to $0.554349, reflecting increased market interest, particularly from institutional investors. Active trading indicates growing retail participation. Traders are monitoring key price levels for potential future trends.
Coinfomania9m ago
UK Reform Party leader Farage invests in Bitcoin company Stack BTC, acquires 6.31% equity
UK Reform Party leader Nigel Farage invests in London Bitcoin company Stack BTC, acquiring a 6.31% stake. This funding round also attracted Blockchain.com to participate, with plans to jointly establish a Bitcoin reserve. Farage believes London should become a global cryptocurrency hub.
GateNews10m ago
Bitcoin shows resilience, options market indicates easing of downside concerns
Despite international oil prices rising to $115 and the market shifting to a defensive stance, Bitcoin has shown resilience, with options flow indicating reduced downside concerns. Market optimism towards Bitcoin is returning, with focus on this week's economic data.
GateNews24m ago
