Abu Dhabi Investment Council Tripled Bitcoin Bet

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Abu Dhabi Investment Council significantly increased its position in a Bitcoin ETF, nearly tripling its holding to 8 million shares, just before the cryptocurrency market downturn.

Market Impact

Market impact analysis based on bullish sentiment with 63% confidence.

Sentiment
Bullish
AI Confidence
63%

Article Context

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The Abu Dhabi Investment Council more than tripled the size of its position in a Bitcoin exchange-traded fund during the third quarter, shortly before the bull market in cryptocurrencies gave way to a brutal selloff. The firm, an independently-run unit of sovereign wealth fund Mubadala Investment Co., increased its holding in BlackRock Inc.'s iShares Bitcoin Trust ETF to almost 8 million shares as of Sept. 30, according to a regulatory filing. Bloomberg's Ben Scent has more on the story.

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Original article published by Unknown on November 19, 2025.
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