Mubadala Invests $436M in iShares Bitcoin ETF in Q1 2025

Abu Dhabi's sovereign wealth fund, Mubadala, has disclosed a $436 million investment in Bitcoin ETFs during the first quarter of 2025. The investment was made through holdings in the iShares Bitcoin ETF ($IBIT), as reported in a 13F filing with the U.S. Securities and Exchange Commission. This move by one of the country's sovereign wealth funds indicates a growing interest in cryptocurrency among institutional investors.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.