Mubadala discloses $408M investment in BlackRock's Bitcoin ETF

Abu Dhabi's sovereign wealth fund, #Mubadala , has revealed a $408.5 million investment in #BlackRock ’s iShares Bitcoin Trust #IBIT , according to a recent 13F filing. As of March 31, 2025, the fund held over 8.7 million shares in the #ETF , up from 8.2 million at the end of 2024. The increased exposure comes amid growing institutional interest in U.S.-listed spot #Bitcoin ETFs, which have seen consistent inflows throughout May.