2 hours ago
Abu Dhabi’s Mubadala Investment Company raised its stake successful Blackrock’s Ishares bitcoin ETF by 16% successful Q1 2026, disclosing ownership of 14.7 cardinal shares valued astatine $565.6 million.
Key Takeaways
Quarter by Quarter
Mubadala’s bitcoin ETF vulnerability has grown successful each reporting period since it archetypal appeared successful disclosures. The money entered successful Q4 2024 with a presumption worthy astir $436 million, scaled backmost successful portfolio worth presumption to $408.5 cardinal successful Q1 2025 arsenic bitcoin prices adjusted, past surged to $630.6 cardinal by December 31, 2025, arsenic bitcoin crossed $100,000.
Mubadala’s organization concern manager holdings report, per SECThe Q1 2026 fig of $566 cardinal reflects a continued summation successful shares held (up 16%) adjacent arsenic the dollar worth dipped somewhat from Q4 2025 levels. That divergence is explained by bitcoin’s price, fixed that the money held much shares astatine the extremity of Q1 2026 than it did 3 months prior, but those shares were worthy little successful dollar presumption owed to a bitcoin terms diminution from its late-2025 highs.
Broader Abu Dhabi Picture
Mubadala is not the lone Abu Dhabi sovereign conveyance accumulating bitcoin ETF exposure. Al Warda Investments, an entity affiliated with the Abu Dhabi Investment Council, separately reported 8.2 cardinal IBIT shares worthy astir $408 cardinal (as of Q4 2025).
As Bitcoin.com News reported, the combined IBIT holdings of Abu Dhabi-linked sovereign entities crossed $1 billion by the extremity of past year, a threshold that underlines the emirate’s systematic attack to bitcoin arsenic a reserve asset.
The Abu Dhabi Investment Council had besides importantly expanded its ain nonstop position, tripling its IBIT holdings successful Q3 2025 alone, 1 of the largest single-quarter expansions recorded among sovereign buyers of the ETF.
Sovereign wealthiness money allocations to bitcoin ETFs transportation value beyond the dollar figures due to the fact that erstwhile a government-backed instauration of Mubadala’s standard adds to a presumption each 4th for 5 consecutive periods, it indirectly implies semipermanent strategical conviction.
Blackrock’s IBIT remains the largest spot bitcoin ETF successful the satellite by assets nether management, holding implicit 600,000 BTC arsenic of April 2026 (three times the magnitude held by second-place Fidelity). Sovereign buyers, including Mubadala and Norway’s Norges Bank, person each appeared successful caller 13-F disclosures arsenic IBIT holders, reinforcing the ETF’s relation arsenic the organization introduction constituent of prime for nation-state-level bitcoin exposure.
English (US) 