Abu Dhabi Sovereign Wealth Fund increases holdings of IBIT ETF to $660 million

According to The Block, Abu Dhabi sovereign wealth fund Mubadala has increased its holdings of BlackRock's iShares Bitcoin Trust ETF (IBIT) from 12.7023 million shares to 14.7219 million shares, with an additional position of over $90 million and a total position value of nearly $660 million. Meanwhile, the Abu Dhabi Investment Commission (ADIC) maintains its position of 8.2187 million IBIT shares unchanged, valued at $315.8 million.