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