Abu Dhabi’s Mubadala Boosts Bitcoin ETF Holdings to $630 Million
Abu Dhabi’s sovereign wealth fund, Mubadala Investment Company, disclosed a significant increase in its position in BlackRock’s iShares Bitcoin Trust (IBIT), reporting ownership
Massive investment firms are buying Bitcoin exposure via IBIT
On top of this, Jane Street reportedly boosted its IBIT holdings by 7,105,206 shares in Q4 2025, bringing its total stake to 20,315,780 shares valued at $790 million.
Alongside Jane Street, BlackRock and Morgan Stanley also increased their IBIT positions by more than 2.37 million shares.
Last week, Goldman Sachs disclosed roughly $2.36 billion in total crypto exposure, including a $1.1 billion position in IBIT, signaling a shift from its earlier skepticism toward bitcoin.
SEC filings also showed smaller holdings in Fidelity’s BTC fund, bitcoin-related companies, and options positions tied to IBIT, alongside exposure to Ethereum, XRP, and Solana.
In November of last year, Texas became the first U.S. state to purchase Bitcoin for its Strategic Reserve, acquiring $5 million IBIT shares worth approximately $87,000 per BTC. The purchase was made while the state finalizes plans for self-custody of the asset.
Texas had previously explored legislation to establish a strategic Bitcoin reserve without using taxpayer funds.
Harvard adjusted its crypto holdings in Q4 2025, cutting its Bitcoin position by 21% to 5.35 million IBIT shares ($265.8 million) while establishing a new $86.8 million stake in BlackRock’s iShares Ethereum Trust.
About Author
