Browsing: Bitcoin

Abu Dhabi’s sovereign wealth capital has expanded its bet on regulated digital assets, with filings to the US Securities and Exchange Commission showing that Mubadala Investment Company held 12.7 million shares of BlackRock’s iShares Bitcoin Trust at the end of December, valued at about $630.6 million. The position, disclosed in a fourth-quarter Form 13F submission, marks a 46 per cent increase from the 8.7 million shares the […] The article Mubadala increases exposure to BlackRock bitcoin ETF appeared first on Arabian Post.

Spot Bitcoin exchange-traded funds in the United States continue to hold around $85 billion in assets despite a sharp downturn in the price of Bitcoin, highlighting a divergence between investor behaviour in regulated funds and the broader cryptocurrency market. The resilience of these funds, which trade on regulated exchanges and offer exposure to Bitcoin without direct ownership of the digital currency, underscores both the growing institutional participation […] The article Bitcoin ETFs maintain $85bn despite market slump appeared first on Arabian Post.