{"id":13197,"date":"2025-02-14T19:16:36","date_gmt":"2025-02-14T19:16:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=13197"},"modified":"2025-02-14T19:16:36","modified_gmt":"2025-02-14T19:16:36","slug":"abu-dhabi-wealth-fund-buy-437-millions-worth-of-blackrocks-bitcoin-etf","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=13197","title":{"rendered":"Abu Dhabi Wealth Fund Buy $437 Millions Worth Of BlackRock&#8217;s Bitcoin ETF"},"content":{"rendered":"<div>\n<p><a href=\"https:\/\/www.benzinga.com\/news\/25\/02\/43579036\/the-worlds-largest-1-7-trillion-sovereign-wealth-fund-holds-key-lessons-for-trump-and-the-u-s-will-they-listen\">Abu Dhabi&#8217;s sovereign wealth fund<\/a>, <strong>Mubadala Investment Company<\/strong>, has acquired $436.9 million worth of shares in <strong>BlackRock<\/strong>&#8216;s (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/BLK#NYSE\">BLK<\/a>) spot <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) exchange-traded fund during the last quarter of 2024.<\/p>\n<p><strong>What Happened: <\/strong>A regulatory <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1704268\/000108514625001478\/xslForm13F_X02\/infotable.xml\">filing<\/a> released on Friday confirmed the purchase, marking one of the first known sovereign wealth fund allocations to Bitcoin-related financial products.<\/p>\n<p>The investment coincided with BlackRock obtaining a commercial license to operate in Abu Dhabi in November. <\/p>\n<p>BlackRock&#8217;s <strong>Bitcoin ETF<\/strong>, (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/IBIT#NASDAQ\">IBIT<\/a>), has grown &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/02\/43741884\/abu-dhabi-wealth-fund-buy-437-millions-worth-of-blackrocks-bitcoin-etf\" alt=\"Abu\" dhabi wealth fund buy millions worth of blackrock bitcoin etf>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Abu Dhabi&#8217;s sovereign wealth fund, Mubadala Investment Company, has acquired $436.9 million worth of shares in BlackRock&#8216;s (NYSE:BLK) spot Bitcoin (CRYPTO: BTC) exchange-traded fund during the last quarter of 2024. What Happened: A regulatory filing released on Friday confirmed the purchase, marking one of the first known sovereign wealth fund allocations to Bitcoin-related financial products. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-13197","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13197","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13197"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13197\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}