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Abu Dhabi Sovereign Wealth Funds Keep Big Bitcoin Positions

BTC

BTC/USDT

$63,090.01

-0.05%

$63,090.01

-0.05%

(24s)

24h Volume

$2,488,863,636.72

24h H/L

$63,175.00 / $62,920.00

Change: $255.00 (0.41%)

Long/Short

67.9%

Long: 67.9%Short: 32.1%

Funding Rate

+0.0026%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,133.03

▲ 0.07%

Volume (24h): -

Resistance Levels

Resistance 3$66,089.72

Resistance 2$64,397.36

Resistance 1$63,626.50

Price$63,133.03

Support 1$62,999.35

Support 2$62,275.00

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.6

Bitcoin Magazine Editorial

(09:17 PM UTC)

1 min read

Verified byEmily Watson

0 comments

Bitcoin is the most important asset in two of Abu Dhabi sovereign wealth funds, according to regulatory filings.

Abu Dhabi’s Mubadala Investment Company disclosed Friday that it held a $490 million stake in BlackRock’s iShares Bitcoin Trust — the second-largest single holding across its entire 13F portfolio.

And a Thursday filing from the Abu Dhabi Investment Council, another…

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