#EthereumSecurityInitiative 📰 The Sovereign Wealth Fund of Abu Dhabi increased its holdings of Bitcoin ETFs to nearly $1 billion by investing $408 million in BlackRock's spot Bitcoin ETF.

With recent permits for USDC issuer Circle to function as a money services provider and a $2 billion investment purchased by Abu Dhabi's MGX, the city's cryptocurrency strategy is growing quickly.

Abu Dhabi keeps establishing itself as a major global center for cryptocurrency, utilizing alliances with companies such as Hub71 to promote innovation and technology in digital assets..$BTC