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Abu Dhabi Sovereign Wealth Fund Reports Owning $455,672,040 Worth of BlackRock’s Bitcoin ETF in New SEC Filing - The Daily Hodl

Summary by The Daily Hodl
New filings show that the Abu Dhabi Sovereign Wealth Fund has accumulated hundreds of millions of dollars worth of BlackRock’s Bitcoin (BTC) exchange-traded fund (ETF). According to new filings with the U.S. Securities and Exchange Commission (SEC), the wealth fund has stockpiled about $455 million worth of the asset management giant’s iShares Bitcoin Trust ETF (IBIT). The United Arab Emirates’ (UAE) wealth fund was established in 1976 to promot…
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CryptoastCryptoast

One of Abu Dhabi's sovereign wealth funds bought over $400 million from Bitcoin spot ETF

One of Abu Dhabi's sovereign wealth funds has recently invested more than $400 million in a BlackRock Bitcoin spot ETF. This strategic purchase marks a new step in the adoption of Bitcoin by state institutions, confirming its emerging status as a global value reserve. Article One of Abu Dhabi's sovereign wealth funds has purchased more than $400 million from Bitcoin spot ETF has appeared first on Cryptoast.

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The Daily HodlThe Daily Hodl

Abu Dhabi Sovereign Wealth Fund Reports Owning $455,672,040 Worth of BlackRock’s Bitcoin ETF in New SEC Filing - The Daily Hodl

New filings show that the Abu Dhabi Sovereign Wealth Fund has accumulated hundreds of millions of dollars worth of BlackRock’s Bitcoin (BTC) exchange-traded fund (ETF). According to new filings with the U.S. Securities and Exchange Commission (SEC), the wealth fund has stockpiled about $455 million worth of the asset management giant’s iShares Bitcoin Trust ETF (IBIT). The United Arab Emirates’ (UAE) wealth fund was established in 1976 to promot…

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The Daily Hodl broke the news in on Saturday, February 15, 2025.
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Abu Dhabi, United Arab Emirates

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