Abu Dhabi government fund holds over 75 billion yen with extra Bitcoin ETF purchases

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Abu Dhabi government fund holds over 75 billion yen with extra Bitcoin ETF purchases Abu Dhabi government fund holds over 75 billion yen with extra Bitcoin ETF purchases




Increasing Bitcoin ETF Holdings, Abu Dhabi's government fund, Mubadara Investment Company, purchased 491,439 shares (approximately 4.2 billion yen) of BlackRock's Bitcoin ETF (IBIT) in the first quarter (January to March), a 13th Fed report to the US Securities and Exchange Commission (SEC) revealed. This has increased the company's shares from the previous 8,235,533 shares to 8,726,972 shares, with its current value reaching approximately $512 million (approximately 75 billion yen). Since listing in January 2024, IBIT has recorded net inflows of over $45.5 billion, with 65 assets under management…



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