Abu Dhabi's Sovereign Wealth Fund Discloses $463M Bitcoin ETF Holdings
In what is yet another sign of the growing prominence and embrace of the cryptocurrency asset class, Abu Dhabi’s sovereign wealth fund has reported $436 million in Bitcoin ETF holdings, according to a US Securities and Exchange Commission (SEC) filing. Indeed, the move comes as wealth funds around the world are betting big on the emerging market. Recent filings with the government agency reveal a growing trend of BTC ETF exposure. Friday, the State Wisconsin Investment Board reported $321 million in BlackRock iShares Bitcoin Trust (IBIT) ETF holdings. Moreover, the list of such instances is only expected to grow throughout 2025. JUST IN: Abu Dhabi's sovereign wealth fund discloses $436 million Bitcoin ETF holdings. — Watcher.Guru (@WatcherGuru) February 14, 2025 Also Read: State Street & Citi Bank to Launch Crypto Custody Services Abu Dhabi Sovereign Wealth Fund Bets on Bitcoin, Reports BTC ETF Holdings Entering 2025, there were high hopes for the cryptocurrency market. With t...