Abu Dhabi sovereign wealth fund Mubadala is currently the seventh largest holder of the BlackRock Bitcoin ETF
ChainCatcher news, Bloomberg senior analyst James Seyffart posted data on the X platform indicating that the Abu Dhabi sovereign wealth fund Mubadala Investment Company is currently the seventh largest holder of the known BlackRock Bitcoin ETF (IBIT), holding IBIT valued at $461.23 million. This indicates that traditional financial institutions are increasingly interested in the cryptocurrency market and are beginning to participate through investments in Bitcoin ETFs and other means.
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