Share this article
BTC
$107,122.09
-
1.13%ETH
$2,478.62
-
0.72%USDT
$1.0003
+
0.02%XRP
$2.2305
+
1.76%BNB
$654.16
-
0.13%SOL
$152.95
+
1.23%USDC
$1.0000
+
0.02%TRX
$0.2797
+
0.96%DOGE
$0.1642
-
1.54%ADA
$0.5673
+
0.16%HYPE
$39.29
-
3.32%BCH
$524.33
+
4.69%WBT
$44.36
-
5.20%SUI
$2.7887
-
1.17%LINK
$13.26
-
1.10%LEO
$9.0506
-
0.96%AVAX
$17.66
-
2.80%XLM
$0.2377
+
0.07%SHIB
$0.0₄1138
-
1.61%LTC
$86.41
-
0.92%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars
Abu Dhabi Discloses $437M Stake in BlackRock Spot Bitcoin ETF
The ownership interest was held via Mubadala Investments, one of the country's sovereign wealth funds
What to know:
The Middle Eastern city of Abu Dhabi on Friday disclosed a $436.9 million stake in BlackRock's iShares Bitcoin ETF (IBIT) as of Dec. 31, 2024.
The stake was held via Mubadala Investments, one of the country's sovereign wealth funds, per a 13F filing with the U.S. Securities and Exchange Commission.
The price of bitcoin (BTC) has rallied about 0.5% on the news to $97,400.
Stephen Alpher
Stephen is CoinDesk's managing editor for Markets. He previously served as managing editor at Seeking Alpha. A native of suburban Washington, D.C., Stephen went to the University of Pennsylvania's Wharton School, majoring in finance. He holds BTC above CoinDesk’s disclosure threshold of $1,000.
Top Stories
