Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (1,455)
  • Analysis (1,638)
  • Bitcoin (2,227)
  • Blockchain (1,316)
  • DeFi (1,539)
  • Ethereum (1,508)
  • Event (56)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (1,583)
  • Press Releases (2)
  • Reddit (877)
  • Regulation (1,480)
  • Security (2,106)
  • Thought Leadership (3)
  • Videos (41)
Hand picked
  • Dexs captures almost 30% of the CEX Spot activity in June, establishing a new record
  • Update: received my money back from Celsius after 2-3years
  • Robinhood announces a new layer 2 blockchain 2
  • Solana Rival following herself for major outperformance after correction, according to the CEO of Real Vision, Raoul Pal
  • Bitwise’s ETF ETF hits the speed of regulatory slowdown
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Bitcoin»Bitcoin ETF: Abu Dhabi Sovereign Wealth Fund reveals $ 437 million Blackrock Holdings
Bitcoin

Bitcoin ETF: Abu Dhabi Sovereign Wealth Fund reveals $ 437 million Blackrock Holdings

February 16, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
2024 01 20 05.06.03.jpg
Share
Facebook Twitter LinkedIn Pinterest Email


According to a recent deposit with the United States Securities and Exchange Commission, the Abu Dhabi sovereign heritage fund is currently having a significant amount in the BlackRock FNB Bitcoin (Stock Exchange Fund). This purchase occurred in the last quarter of 2024 after the BlackRock asset management company obtained the commercial license to operate in Abu Dhabi last November.

The Sovereign Heritage Fund bought significant participation in the largest ETF Bitcoin

Friday, February 14, a 13F file with the SEC revealed that Mubadala Investments had bought $ 436.9 million from Bitcoin ETF shares in BlackRock (with the IBIT Ticker). Mubadala Investments is one of Abu Dhabi’s sovereign funds, which makes investments on behalf of the Middle East government.

In 2024, the largest asset manager in the BlackRock world – with tens of billions of dollars under management – revealed his intention to develop in the Middle East, focusing on the capital Abu Dhabi and Riyadh. The recent purchase of $ 437 million in Sound ETF Bitcoin accentuates BlackRock’s mission to work closely with sovereign funds in the region.

Bitcoin ETF

Source: SEC

Interestingly, this last acquisition has not been the first time that the government of Abu Dhabi – through its various investment entities – will take place in cryptocurrencies. In 2023, the Abu Dhabi and Digital Marathon development portfolio company revealed plans to launch digital asset extraction operations in the capital.

The Wisconsin State Investment Office reveals $ 321 million Bitcoin Etf Holdings

Interestingly, the BlackRock FNB Bitcoin has also experienced a good part of the inner attention in the United States. Friday, the Wisconsin State investment office also reported increased exposure to the first cryptocurrency through the negotiated stock market fund.

According to the file with the SEC, the Wisconsin retirement fund now holds around $ 321 million in ETF Bitcoin. This represents an increase estimated at 100% compared to the $ 164 million BTC ETF of $ 164 million (previously reported in May 2024).

Since the last file, the Wisconsin Pension Fund held around 2.4 million (worth around 100 million dollars) of Ishares Bitcoin Trust’s Ishares of BlackRock and 1 million shares (valued at 64 million dollars ) Bitcoin Trust de Graycale (GBTC). However, the last deposit shows that the retirement fund allocated its entire exposure to the BTC to the BlackRock Stock Exchange Fund and no longer holds GBTC shares.

It should be noted that the price of bitcoin has increased by almost 70% since May 2024. When writing these lines, the first cryptocurrency is evaluated at around $ 97,250, reflecting an increase of 1% of 1% In the past 24 hours. According to Coingecko data, the price of Bitcoin has increased by around 90% in the past year.

Bitcoin ETF

The price of Bitcoin on the daily timeframe | Source: BTCUSDT chart on TradingView

Getty Images star image, tradingView graphic



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticlePinlink: the first Dapin-Tokenzed Rwa platform
Next Article Barron’srobinhood CEO discusses Crypto and Blockchain technology. "financial backbone" From the securities trade industry will adopt the blockchain, said Vlad Tenev, CEO of Robinhood, in an interview …. 1 day ago

Related Posts

Bitcoin

Robinhood announces a new layer 2 blockchain 2

June 30, 2025
Bitcoin

3 key events this week that could move the prices of bitcoin and cryptography

June 30, 2025
Bitcoin

From Wall Street to your wallet: token actions now available on Kraken

June 30, 2025
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Philippine Blockchain Week 2025 Welcomes Global Web3 Trailblazers to Manila

June 9, 2025

Manila, Philippines – June 9, 2025 — As Philippine Blockchain Week (PBW) 2025 returns for…

Event

ETHMilan 2025 Returns With a Stellar Line-Up at One of Milan’s Most Iconic Venues

June 5, 2025

Milan, Italy – Mark your calendars! ETHMilan, Italy’s largest international Ethereum and Web3 conference, is…

1 2 3 … 49 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

Solana Rival following herself for major outperformance after correction, according to the CEO of Real Vision, Raoul Pal

June 30, 2025

The eyes of a bracing token $ 50 new ATH while Perps Trading reaches 1.571 Billion of dollars in volume – is that the break?

June 30, 2025

Is the XRP gear for a break? – These measures say yes, only if …

June 30, 2025
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2025 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 107,162.71
ethereum
Ethereum (ETH) $ 2,489.87
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.24
bnb
BNB (BNB) $ 657.22
solana
Solana (SOL) $ 155.19
usd-coin
USDC (USDC) $ 1.00
tron
TRON (TRX) $ 0.280258
dogecoin
Dogecoin (DOGE) $ 0.165264
staked-ether
Lido Staked Ether (STETH) $ 2,487.79