Two Abu Dhabi funds hold more than $1 billion in BlackRock's Bitcoin ETF

BTC-1,99%

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.

View Original
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

CFTC clarifies cryptocurrency margin rules: BTC and ETH capital deduction rate of 20%, permitting investment in the derivatives market

The U.S. Commodity Futures Trading Commission (CFTC) recently released an FAQ clarifying the rules for using cryptocurrencies as margin in derivatives markets, specifically setting capital deduction rates of 20% for Bitcoin and Ethereum and 2% for stablecoins. The pilot program will be limited to three coin types in the first three months, after which it will expand to additional cryptocurrencies and relax reporting requirements. Qualifying crypto assets may be used as margin, marking a gradual acceptance of blockchain assets within the U.S. financial system.

動區BlockTempo17m ago

Major CEX and DEX funding rates fully turned negative, BTC down 1.93%, ETH down 2.18%

On March 22, Bitcoin reported $69,275.33, down 1.93% in 24 hours; Ethereum reported $2,103.95, down 2.18%. The market is broadly bearish, with shorts dominating. Funding rates are universally negative, indicating that shorts need to pay fees to longs.

GateNews43m ago

Polymarket predicts that the probability of Bitcoin falling to $65,000 in March has increased to 49%.

Gate News, on March 22, as Bitcoin briefly dropped below $69,000, the prediction probability of "Bitcoin falls to $65,000 in March" on the Polymarket prediction market rose to 49%. Additionally, the probability of predicting Bitcoin falling to $60,000 is 16%, and the probability of predicting it rising to $80,000 is 12%.

GateNews1h ago

Bitcoin Options Signal Concern Even as ETF Outflows Remain Relatively Low

Bitcoin price (BTC) maintained a sideways trend around the 70,000 USD level during Friday's trading session, after failing to reclaim the previous 75,000 USD milestone. This movement coincides with two consecutive sessions recording net capital outflows from U.S. spot Bitcoin ETF funds, thereby reversing the trend.

TapChiBitcoin1h ago

Bitcoin Mining Difficulty Adjusts Down 7.76% to 133.79T, Creating Second-Largest Decline This Year

Bitcoin mining difficulty declined by 7.76% to 133.79 T on March 21, marking the second-largest drop this year. JPMorgan Chase analysts forecast that Bitcoin mining costs have fallen to $77,000, still above spot prices. An increasing number of mining companies are redirecting infrastructure toward AI computing power. Core Scientific plans to sell its Bitcoin holdings in 2026 to fund AI expansion, while Bitdeer has liquidated its Bitcoin position. Multiple companies are formulating diversification strategies.

GateNews1h ago
Comment
0/400
No comments