Mubadala – the financial arm of the UAE – significantly increases its ownership of BlackRock's Bitcoin ETF


In a report released on March 31, 2025, the Abu Dhabi national investment fund Mubadala revealed it holds 8,726,972 shares of iShares Bitcoin Trust (IBIT) – the spot Bitcoin ETF issued by #BlackRock⁩ – equivalent to a value of 408.5 million USD. Compared to the figure of 8.23 million shares at the end of 2024, this investment has significantly increased.


This is clear evidence of the growing interest from major financial institutions in the Middle East towards digital assets, especially as cash flow has been pouring into Bitcoin ETFs in the US in the past May.



Bitcoin ETF sees a surge in cash flow, IBIT continues to lead


In just the days of May 2, 5, and 9, Bitcoin ETFs in the US attracted new capital of 674.9 million USD, 425.45 million USD, and 334.58 million USD respectively – an astonishing figure given the market has not really entered a strong growth phase. Specifically, BlackRock's IBIT accounted for up to 232.46 million USD of that total, reinforcing its position as the top choice for major institutions like Mubadala.



Not just an investment – this is a long-term strategy and tech diplomacy


The investment of #Mubadala is not merely financial, but also tied to high-level strategic dialogues between the US and the UAE. In March, David Sacks – special advisor to President Trump on AI and cryptocurrency – met with UAE leaders to discuss the future of financial technology and artificial intelligence.


Sharing on platform X, Mr. Tahnoon Bin Zayed Al Nahyan – one of the key leaders of the UAE – stated:



"We discussed the powerful transformative impact of artificial intelligence, the expanding role of digital currency in reshaping the financial system, and investment opportunities at the intersection of these two fields."




UAE: The emerging Bitcoin hub of the world?


In the past year, #UAE has shown seriousness in riding the wave of digital assets. The Bitcoin MENA Conference in Abu Dhabi attracted many big names, including Eric Trump, who gave a strong speech on the potential of Bitcoin.


Eric Trump emphasized:



"Bitcoin is a global asset – a store of value, a hedge against inflation and political instability. Those who dare to step into the digital revolution early will be the winners."



He even predicts Bitcoin could reach 1 million USD, a bold vision but not without basis if governments and institutions continue to accept Bitcoin as they do now.



Connect with the crypto market and Binance users


Mubadala – one of the largest investment funds in the Middle East – accelerating its purchases of Bitcoin ETFs is a clear sign of the global institutional cash flow trend shifting strongly towards Bitcoin, despite short-term concerns. For Binance users, this is an opportunity to closely follow the fluctuations of financial products like Bitcoin ETFs and identify long-term investment signals from major institutions.


Users may also consider tracking ETF cash flow indicators, as well as the net asset value (NAV) of IBIT or similar funds to assess market demand.



Risk warning:


Investing in crypto and related products like Bitcoin ETFs carries high risks, which can fluctuate significantly according to the market and global policies. Users need to carefully assess their financial capability, risk appetite, and investment goals before participating. This is not investment advice.