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Abu Dhabi invests $437M in Bitcoin ETFs, Wisconsin doubles its holdings – TON BOT

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Abu Dhabi invests $437M in Bitcoin ETFs, Wisconsin doubles its holdings

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Abu Dhabi’s sovereign wealth fund Mubadala and the State of Wisconsin Investment Board disclosed their exposure to Bitcoin through BlackRock’s iShares Bitcoin Trust (IBIT) ETF in recent 13F filings. Mubadala holds over 8.2 million shares of IBIT worth $437 million, representing 0.14% of its assets. Other Abu Dhabi investment entities are also involved in crypto. Wisconsin’s exposure to Bitcoin via IBIT increased by 110% compared to the previous quarter.

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