BREAKING
269d 13h ago

Mubadala Increases BlackRock Bitcoin ETF Holdings to 8.7 Million Shares, Marking a 6% Growth

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

In a recent development, the Abu Dhabi sovereign wealth fund, known as Mubadala, has revealed a significant boost in its investment portfolio. According to the latest 13F filing, Mubadala’s stake in the BlackRock Bitcoin spot ETF (IBIT) surged to approximately 8,727,000 shares, translating to a robust market valuation of $408.5 million. This represents a notable 6% increase compared to the previous figures at the end of 2024. As institutional interest continues to grow, this strategic positioning by Mubadala underscores a broader trend in the financial landscape towards embracing digital assets. Investors and analysts alike are closely monitoring such movements, as they may signal a shift in market dynamics and potential avenues for future capital allocation.

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