Abu Dhabi Sovereign Fund Exceeds JPY 75 Billion in Bitcoin ETF Holdings After Additional Purchases

During the first quarter (January to March), the Abu Dhabi government-owned fund, Mubadala Investment Company, purchased an additional 490,439 shares of BlackRock’s Bitcoin ETF (IBIT), valued at approximately JPY 4.2 billion, according to a 13F filing with the US Securities and Exchange Commission (SEC). This acquisition increased the company's total holdings from 8,235,533 shares to 8,726,972 shares, with the current value now reaching approximately USD 512 million (about JPY 75 billion). Since its listing in January 2024, IBIT has recorded over USD 45.5 billion in net inflows, with assets under management reaching USD 65.7 billion, making it a significant player in the U.S. Bitcoin spot ETF market...