In a recent filing with the U.S. Securities and Exchange Commission, Mubadala, the sovereign wealth fund of Abu Dhabi, revealed a holding of 12,702,323 shares in BlackRock's iShares Bitcoin Trust (IBIT), valued at approximately $630.6 million as of the end of the fourth quarter in 2025.
This represents a 46% increase compared to the 8.7 million shares held at the end of the third quarter. Analysts note that Mubadala’s steady accumulation of Bitcoin ETF shares reflects strong confidence in the long-term potential of digital assets and highlights the growing acceptance of cryptocurrencies within traditional finance.
Middle Eastern Capital Deepens Crypto Exposure
In recent years, Middle Eastern sovereign funds have emerged as key players in the global digital asset market. Mubadala's latest move underscores the region’s increasing appetite for blockchain-based financial instruments and its strategic shift toward forward-looking investment opportunities.
Market observers suggest that as more traditional financial institutions roll out compliant crypto investment products, institutional participation in the sector is set to rise further. This trend is expected to enhance market liquidity and support the development of a more robust regulatory framework.
- 46% increase in ETF holdings
- Strong institutional adoption in the Middle East
- Digital assets gaining mainstream traction