Abu Dhabi revealed a $436.9 million investment in BlackRock’s iShares Bitcoin ETF (IBIT) as of December 31, 2024. The holding is managed through Mubadala Investments, a prominent sovereign wealth fund of the UAE, as per a 13F filing with the U.S. Securities and Exchange Commission.
Following the disclosure, Bitcoin’s value saw a modest rise, climbing 0.5% to $97,400.






