Mubadala Deepens Bitcoin Exposure as UAE and US Cooperate on Crypto

Abu Dhabi’s sovereign wealth fund, Mubadala, has significantly expanded its holdings in BlackRock’s iShares Bitcoin Trust (IBIT), signaling growing interest in U.S. Bitcoin ETFs by institutional investors. This move comes amidst rising activity in the Bitcoin market and ongoing discussions between the UAE and the US on crypto regulations and technology collaboration. 2025 data reveals substantial inflows into U.S.-listed spot Bitcoin ETFs, exceeding $1.75 billion in just the first two weeks of May.