Abu Dhabi Sovereign Wealth Fund Mubadala is currently the seventh largest holder of the BlackRock Bitcoin ETF

Odaily Planet Daily News: Bloomberg senior analyst James Seyfart released data on X platform stating that Abu Dhabi sovereign wealth fund Mubadala Investment Company is currently the seventh largest known holder of BlackRock Bitcoin ETF (IBIT), holding IBIT worth $461.23 million. This indicates that traditional financial institutions are increasingly interested in the cryptocurrency market and are beginning to participate in it through investing in Bitcoin ETFs and other means.