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by: xpoolPosted on: May 16, 2025

Mubadala Invests $408 Million in BlackRock’s Bitcoin ETF

Abu Dhabi’s sovereign wealth fund, Mubadala Investment Company, has invested $408.5 million in BlackRock’s Bitcoin exchange-traded fund (ETF), boosting its holdings to 8.7 million shares as of March 31, 2025. This significant investment reflects growing institutional confidence in the cryptocurrency market and a surge in Bitcoin prices.

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