Abu Dhabi Discloses $437M Stake in BlackRock Spot BitcoinETF

The ownership interest was held via Mubadala Investments, one of the country's sovereign wealth funds

 

The Middle Eastern country of Abu Dhabi on Friday disclosed a $436.9 million stake in BlackRock's iShares Bitcoin ETF (IBIT) as of Dec. 31, 2024.

The stake was held via Mubadala Investments, one of the country's sovereign wealth funds, per a 13F filing with the U.S. Securities and Exchange Commission.