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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Stephens Initiates Netskope at Overweight With $21 Price Target
TotalEnergies (TTE.US) partners with Mistral: 100 million euros bet on AI exploration, European "sovereign AI" implemented in core energy scenarios
TotalEnergies (TTE.US) will collaborate with French artificial intelligence startup Mistral AI to leverage AI technology to enhance its oil and gas exploration capabilities and extend the lifespan of existing oil fields.
43% of Investors Expect European, U.S. Stocks to Perform in Line: BofA Survey -- Market Talk
Flex Names Cloud Portfolio Spin-Off as Axiom Solutions International
Crypto prices
More
