Abu Dhabi’s sovereign wealth fund, Mubadala, has disclosed an funding of $408.5 million in BlackRock’s spot Bitcoin ETF, holding 8,726,972 shares as of March 31, 2025. The disclosure was made by a 13F submitting with the U.S. Securities and Alternate Fee (SEC).
This funding represents a strategic improve in Bitcoin publicity by Mubadala, which beforehand held 8,235,533 shares as of December 31, 2024. Concurrently, the Wisconsin Pension Fund exited its IBIT holdings, beforehand valued at $321.5 million with 6,060,351 shares.
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