Abu Dhabi Sovereign Wealth Fund Holds $530 Million Worth of BlackRock Bitcoin ETF

According to a report by Jinse Finance, documents released today by the US SEC show that 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 position has remained unchanged since the previous disclosure in May. In addition, a new filing reveals that Al Warda Investments held 2,411,034 shares of IBIT as of June 30, with a market value of about $147.5 million. The manager of this position is listed in the document as the Abu Dhabi Investment Council, which is a sovereign wealth fund under Mubadala.