Bitcoin Drop Cost Abu Dhabi $118 Million: Will They Sell?

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

BeInCrypto Editorial

(11:05 AM UTC)

1 min read

Verified byDavid Kim

0 comments

Two Abu Dhabi sovereign funds lost $118 million on their BlackRock Bitcoin ETF position last quarter. Neither sold a single share, new SEC filings show.

Mubadala Investment Company and the Abu Dhabi Investment Council together reported 22.94 million shares of the iShares Bitcoin Trust (IBIT) on June 30. That stake was worth $764 million, down from $881 million three months earlier.

Investor

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