• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Buy Neo Pepe
No Result
View All Result
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Commerce Department To Release Blockchain Statistics, Says Lutnick
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Commerce Department To Release Blockchain Statistics, Says Lutnick
Bitcoin ETF

Bitcoin ETF: Abu Dhabi Sovereign Wealth Fund Discloses $437 Million BlackRock Holdings

Opeyemi Sule
by Opeyemi Sule
6 months ago
·
Posted in Bitcoin, ETF
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

According to a recent filing with the United States Securities and Exchange Commission, Abu Dhabi’s sovereign wealth fund currently holds a significant amount in BlackRock’s spot Bitcoin ETF (exchange-traded fund). This purchase came in the final quarter of 2024 after asset management firm BlackRock secured the commercial license to operate in Abu Dhabi last November.

Sovereign Wealth Fund Buys Significant Stake In Largest Bitcoin ETF

On Friday, February 14th, a 13F filing with the SEC revealed that Mubadala Investments purchased $436.9 million of BlackRock’s Bitcoin ETF shares (with the ticker IBIT). Mubadala Investments is one of Abu Dhabi’s sovereign wealth funds, which makes investments on behalf of the Middle Eastern city’s government.

Related Reading: Bitcoin On ‘Zombie’ Zoom’s Balance Sheet? Exec Makes An Intriguing Case

In 2024, the world’s largest asset manager BlackRock — with tens of trillions of dollars under management — disclosed its intentions to expand in the Middle East, focusing on the capital city Abu Dhabi and Riyadh. The recent $437 million purchase of its Bitcoin ETF accentuates BlackRock’s mission to work closely with sovereign wealth funds in the region.

Bitcoin ETF

Source: SEC

Interestingly, this latest acquisition is hardly the first time Abu Dhabi’s government — through its various investment entities — would dabble into cryptocurrencies. In 2023, the Abu Dhabi Developmental Holding Company and Marathon Digital revealed plans to launch digital asset mining operations in the capital city.

State Of Wisconsin Investment Board Discloses $321 Million Bitcoin ETF Holdings

Interestingly, BlackRock’s Bitcoin ETF has also enjoyed a fair share of domestic attention in the United States. On Friday, the State of Wisconsin Investment Board also reported an increased exposure to the premier cryptocurrency through the exchange-traded fund.

According to the filing with the SEC, Wisconsin’s pension fund now holds around $321 million in spot Bitcoin ETFs. This represents an estimated 100% increase from the board’s $164 million BTC ETF holdings (previously reported in May 2024).

Related Reading: Bitcoin Reserve Bill In Texas Removes $500 Million Buying Cap

As of the last filing, the Wisconsin pension fund held approximately 2.4 million (worth approximately $100 million) shares of BlackRock’s iShares Bitcoin Trust and 1 million shares (valued at $64 million) of Grayscale’s Bitcoin Trust (GBTC). However, the latest filing shows that the pension fund has allocated all of its BTC exposure into BlackRock’s exchange-traded fund and no longer holds any shares of GBTC.

It is worth noting that the price of Bitcoin has grown by nearly 70% since May 2024. As of this writing, the premier cryptocurrency is valued at around $97,250, reflecting a mere 1% increase in the past 24 hours. According to data from CoinGecko, the Bitcoin price is up by roughly 90% in the past year.

Bitcoin ETF

The price of Bitcoin on the daily timeframe | Source: BTCUSDT chart on TradingView
Featured image from Getty Images, chart from TradingView
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Opeyemi Sule

Opeyemi Sule

Follow

Opeyemi Sule is a passionate crypto enthusiast, a proficient content writer, and a journalist at Bitcoinist. Opeyemi creates unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi enjoys reading poetry, chatting about politics, and listening to music, in addition to his strong interest in cryptocurrency.

Full Profile

Related Posts

american-bitcoin-trump-wall-street

American Bitcoin : les fils Trump visent Wall Street

4 minutes ago
Ethereum ETFs

US-Based Ether ETFs Break Daily Inflow Streak After $165M Withdrawal — Details

18 hours ago
Bitcoin

Bitcoin Treasury Race Heats Up As Dutch Firm Shoots For $23-M Launch

18 hours ago
Bitcoin

Unexpected Bitcoin Player: Japanese Nail Salon Targets $3-B In BTC Holdings

23 hours ago
Bitcoin

Bitcoin Fortress: El Salvador Shields $678-M From Quantum Threat

1 day ago
Strategy

Strategy Investors Pull Back Class Action Suit Over Bitcoin Accounting Revision – Details

1 day ago

Premium Sponsors

Press Releases

  • Cloud Mining

    Can Cloud Mining Earn You $100,000 a Month? The Most...

    15 hours ago
  • ETNCrypto

    Win $100 Free Bonus: ETNCrypto Cloud Mining Launches Daily...

    16 hours ago
  • Ripple ecosystem expands: Gemini launches XRP credit card...

    16 hours ago
  • Trump to Launch WLFI Token on September 1st, DOT Miners...

    17 hours ago
  • XRP Investors Flock to BAY Miner, Earning Daily BTC Returns...

    19 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Buy Neo Pepe

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.