In what is yet another sign of the growing prominent and embrace of Cryptocurrency Asset Class, Abu Dhabi’s Sovereign Wealth Fund reported $ 436 million in Bitcoin ETF Holdings, according to a US Securities and Exchange Commission (SEC) File. In fact, the move comes when wealth funds around the world are investing heavily in the growth market.
New applications at the authority reveal a growing trend with BTC ETF exposure. Friday, the state Wisconsin Investment Board Reported $ 321 million in Blackrock Ishares Bitcoin Trust (Ibit) ETF Holdings. In addition, the list of such cases is expected to grow only in 2025.
Only in: 🇦🇪 Abu Dhabi’s superb wealth fund reveals $ 436 million bitcoin ETF holding.
– watcher.guru (@watcherguru) February 14, 2025
Abu Dhabi Sovereign Wealth Fund initiatives on Bitcoin, reports BTC ETF Holdings
When he entered 2025, there were high hopes for the Cryptocurrency market. When the United States chose its first Pro-Crypto president, Donald Trump, a massive review of the country’s cryptop policy was expected to take place. Now, less than two months into the year, and this has already happened.
Still, there are many who would say that the United States is somewhat late for the party. In fact, a number of nations have already tried to embrace the asset class in a large way. Among them is Abu Dhabi, whose superb wealth fund revealed $ 436 million in Bitcoin ETF holding. Specifically the fund had invested in Blackrock’s BTC investment offer, according to a SEC archive.
Also read: Sec Crypto Task Force Talk’s integration of staking in ETPS
There is a growing conviction that the United States may soon be among them. US President Donald Trump announced his intention to create the first of the country Federal Sovereign Wealth Fund. In addition, there has been speculation that Bitcoin can be a clear investment option for that fund. It makes sense considering Trump’s affinity for access and its growing value on a global scale.