Friday, June 27, 2025
No Result
View All Result
Coins League
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Coins League
No Result
View All Result

Abu Dhabi’s Sovereign Wealth Fund Reveals $408 Million Investment In BlackRock’s Bitcoin ETF

May 15, 2025
in Bitcoin
Reading Time: 3 mins read
0 0
A A
0
Home Bitcoin
Share on FacebookShare on TwitterShare on E Mail


Mubadala, Abu Dhabi’s sovereign wealth fund, disclosed a $408.5 million stake within the iShares Bitcoin Belief (IBIT), in keeping with a 13F submitting launched right this moment. The fund reported holding 8,726,972 shares as of March 31, 2025, a rise from 8,235,533 shares reported on the finish of 2024. 

In a 13F filed right this moment, Mubadala, the Abu Dhabi sovereign wealth fund, disclosed proudly owning 8,726,972 shares of IBIT as of March 31, valued at $408.5 million.

That is a rise from 8,235,533 shares beforehand reported as of December 31.

This is a crucial one.

Submitting:…

— MacroScope (@MacroScope17) Could 15, 2025

This large transfer from Mubadala provides gasoline to the fireplace for U.S. spot Bitcoin ETFs, which have been raking in severe inflows this Could. Seeing collective complete inflows of $674.9 million on Could 2, $425.45 million on Could 5, and $334.58 million on Could 9, and counting, together with a $319.12 million influx yesterday. IBIT, BlackRock’s Bitcoin ETF, continues to face out as a best choice for institutional buyers, taking in $232.46 million of that alone.

Mubadala’s elevated publicity coincides with high-level discussions between U.S. crypto coverage leaders and the UAE. Newly appointed President Trump’s AI and Crypto Czar David Sacks met with Emirati officers earlier this yr on March 20 to discover the way forward for digital currencies and synthetic intelligence.

“I explored with David Sacks, the Particular Advisor on AI and Crypto, the transformative results of synthetic intelligence throughout numerous sectors, the increasing position of digital currencies in reshaping monetary programs, and the funding alternatives rising at their convergence,” mentioned on X Tahnoon Bin Zayed Al Nahyan. “As technological developments speed up, fostering collaboration and adopting forward-looking methods stay important pillars for driving sustainable development and reaching long-term affect.”

I explored with @davidsacks47 , the Particular Advisor on AI and Crypto, the transformative results of synthetic intelligence throughout numerous sectors, the increasing position of digital currencies in reshaping monetary programs, and the funding alternatives rising at their… pic.twitter.com/BXz5ZTl5FV

— Tahnoon Bin Zayed Al Nahyan (@hhtbzayed) March 20, 2025

The UAE has seen a notable improve in Bitcoin adoption within the final yr, together with internet hosting the Bitcoin MENA Convention in Abu Dhabi, that attracted large names like Eric Trump to ship impassioned remarks about Bitcoin. Trump argued that hesitation to embrace change is nothing new. He shared a narrative a couple of good friend who dismissed Bitcoin solely to see his personal financial institution undertake it shortly afterward.

“Persons are sluggish as hell to adapt to new know-how,” mentioned Eric Trump. “We’re going to see banks should adapt. Governments will adapt. Those that embrace this digital revolution early are going to be those who win.”

Trump referred to as Bitcoin a “world asset” that protects in opposition to uncertainty and disruptions, highlighting its decentralized system as a greater different to the expensive inefficiencies of conventional finance.

“Bitcoin is a retailer of worth,” added Eric Trump. “It’s a hedge in opposition to inflation. It’s a hedge in opposition to political turmoil, political instability, acts of God, hurricanes, fires, floods, tornadoes. That’s what makes it so highly effective.”

“I’m assured that Bitcoin goes to hit $1 million,” he mentioned.





Source link

Tags: AbuBitcoinBlackRocksDhabisETFFundInvestmentmillionrevealsSovereignWealth
Previous Post

Strategy’s 500,000 BTC Holdings At Risk As Bitcoin’s 200-Day MA Remains Low At $47,000

Next Post

DOJ to press on with criminal charges against Tornado Cash developer Roman Storm

Related Posts

Boom Or Bust? Dogecoin Awaits Critical Signal, Says Analyst
Bitcoin

Boom Or Bust? Dogecoin Awaits Critical Signal, Says Analyst

June 27, 2025
Crypto Exchange Kraken Enters Payments Race With Krak App
Bitcoin

Crypto Exchange Kraken Enters Payments Race With Krak App

June 26, 2025
How A Family Chain Outsmarted Inflation
Bitcoin

How A Family Chain Outsmarted Inflation

June 27, 2025
Why $PEPD Could Be Bigger Than Pepecoin: Real Utility, Fixed Supply, and Meme-Coded Tokenomics
Bitcoin

Why $PEPD Could Be Bigger Than Pepecoin: Real Utility, Fixed Supply, and Meme-Coded Tokenomics

June 26, 2025
Stablecoin Summer Continues – 3 Hot New Crypto Presales Turn Heads
Bitcoin

Stablecoin Summer Continues – 3 Hot New Crypto Presales Turn Heads

June 26, 2025
Fannie Mae, Freddie Mac Ordered To Explore Crypto Mortgages
Bitcoin

Fannie Mae, Freddie Mac Ordered To Explore Crypto Mortgages

June 26, 2025
Next Post
DOJ to press on with criminal charges against Tornado Cash developer Roman Storm

DOJ to press on with criminal charges against Tornado Cash developer Roman Storm

When Will The XRP Price Explode? Timeline Shared By Crypto Pundit

When Will The XRP Price Explode? Timeline Shared By Crypto Pundit

Crypto Trader Prints 517x Profit on Solana-Based Altcoin That’s Exploded 7,000% in Just One Week: Lookonchain

Crypto Trader Prints 517x Profit on Solana-Based Altcoin That’s Exploded 7,000% in Just One Week: Lookonchain

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Twitter Instagram LinkedIn RSS Telegram
Coins League

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Coins League

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In