According to Odaily, Bloomberg Senior Analyst James Seyffart shared data on the X platform indicating that the Abu Dhabi sovereign wealth fund, Mubadala Investment Company, is currently the seventh-largest holder of BlackRock's Bitcoin ETF (IBIT), with holdings valued at $461.23 million. This development highlights the growing interest of traditional financial institutions in the cryptocurrency market, as they increasingly engage through investments in Bitcoin ETFs and similar avenues.