Abu Dhabi Wealth Funds Boost Bitcoin Holdings with Strategic Moves
6h ago•
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Abu Dhabi’s major sovereign wealth funds have dramatically increased their investments in digital currencies, notably elevating their stake in Bitcoin. Recent filings reveal that their collective investments in BlackRock’s iShares Bitcoin Trust (IBIT) have crossed the $1.1 billion mark, reflecting the emirate’s expanding interest in cryptocurrency investments on a global level.
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6h ago•
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