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Author: Admin | 2025-04-28
The Mubadala Investment Company, the sovereign fund of Abu Dhabi, acquired 436.9 million dollars in spot Bitcoin ETFs managed by BlackRock in the fourth quarter of 2024. This operation follows BlackRock obtaining a commercial license to operate in the region. The investment highlights the growing involvement of financial institutions in the cryptocurrency market. Mubadala Investment Company: Abu Dhabi’s strategic investment in BitcoinThe role of BlackRock and the commercial license in Abu Dhabi Why does the sovereign fund of Abu Dhabi invest in Bitcoin?The impact on the bull market of cryptocurrencies Conclusion Mubadala Investment Company: Abu Dhabi’s strategic investment in BitcoinInstitutional interest in Bitcoin strengthens with a new and significant investment. The Mubadala Investment Company, which manages assets on behalf of the government of Abu Dhabi, made the purchase in the last quarter of 2024. This move signals not only an interest in Bitcoin as an investment asset, but also a diversification strategy within the sovereign fund’s portfolio. The spot Bitcoin ETF by BlackRock allows institutional investors to gain exposure to Bitcoin without having to directly purchase and hold the cryptocurrency. This regulated and supervised financial instrument offers a more accessible and secure alternative for traditional investors who want to enter the cryptocurrency market. The role of BlackRock and the commercial license in Abu Dhabi The operation by Mubadala Investment Company took place after BlackRock obtained a commercial license to operate in Abu Dhabi in November 2024. This step represented a significant opening for the US asset manager, allowing it to
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