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Abu Dhabi Sovereign Wealth Fund Mubadal has increased its Bitcoin exposition (BTC) During the first quarter, buying 491,000 shares of Blackrock’s Ishares Bitcoin Trust (IBIT), according to its latest 13-F form.
MUBADALA held on 31. March 8 726 972 shares 6% of the previous quarter And at the end of March and more than $ 512 million at current prices worth approximately $ 408.5 million.
Despite the wider volatility of prices, the number of shares is emphasized by the commitment of sovereign wealth to Bitcoin. On the basis of its public information, the IBT position represents about 0.14% of its $ 302 billion in total management.
In particular, Abu Dhabi has other important state investment vehicles such as Abu Dhabi Investment Authority (ADIA), Abu Dhabi Development Holding Company (ADQ) and Emirates Investment Authority (EIA).
Wisconsin leaves the ETF Bitcoins exposure
State Wisconsin Investment Board (SWIB), which manages assets for the Wisconsin pension system and other state -managed funds, reported As of March 31, no Bitcoins Trade Fund on the Stock Exchange (ETF), which effectively disposes of its exposure in the first quarter.
In his fourth quarter, SWIB published 6,060,351 shares of IBIT worth $ 321.5 million. This represented a 110% increase from 2,898,051 shares held during the second quarter of 2024.
SWIBU Position has previously replaced its shares Spandy GBTCwhich she held in the second quarter of 2024. However, the complete departure is reflected in its last submission indicates a reassessment of short -term exposure to cryptos through ETF structures.
The contrasting strategies between Mubadala and SWIB reflect Divergence in the state supported positioning towards Bitcoin in the middle of the volatile environment at the beginning of 2025.
While Mubadala decided to expand its exposure through a higher number of shares in spite of the declining assets, the liquidation of SWIB refers to reduced risk tolerance or turn in the portfolio strategy.
Both submissions provide updated data on the reaction of institutional investors to the Bitcoin volatility through an ETF -based approach because traditional finances integrate with crypto.
