Abu Dhabi sovereign wealth fund, Citadel double down on BlackRock’s Bitcoin ETF

By: bitcoin ethereum news|2025/05/16 10:30:06
0
Share
copy
Key Takeaways Mubadala Investment Company increased its holdings in BlackRock’s spot Bitcoin ETF to 8.7 million shares valued at $408 million. Citadel Advisors expanded its IBIT holdings to over 3 million shares worth approximately $147 million. New SEC filings reveal that Abu Dhabi’s Mubadala Investment Company and Citadel Advisors have increased their holdings in BlackRock’s spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT), a sign of sustained institutional interest in crypto-related assets despite recent market volatility. Mubadala Investment Company, Abu Dhabi’s sovereign wealth fund, increased its holdings in BlackRock’s spot Bitcoin ETF to 8.7 million shares valued at $408 million as of March 31, according to a Thursday filing. This represents an uptick from the 8.2 million IBIT shares held at the end of last year. However, the total value of the holdings fell from $436 million to $408 million due to a decline in the share price. Between December 31, 2024, and March 31, 2025, IBIT’s share price dropped from around $54 to approximately $47, according to Yahoo Finance data. The ETF’s shares closed Thursday down slightly at $58. Citadel Advisors also expanded its IBIT position in Q1 2025. According to a Thursday filing, the firm held over 3 million IBIT shares worth approximately $147 million, up from around 1 million shares in December. In addition, Citadel Advisors reported holding $676 million in call options and $366 million in put options tied to IBIT. Mubadala and Citadel Advisors join other major institutional investors, including Goldman Sachs and Avenir Group, in expanding their IBIT exposure. However, not all large holders are increasing their stakes. The State of Wisconsin Investment Board exited its entire $321 million position in BlackRock’s Bitcoin ETF, according to a recent SEC filing. Despite the divestment, the board still holds crypto-related assets, including nearly $19 million in Coinbase stock. Millennium Management, previously the largest IBIT holder, on Thursday reported owning about 17.5 million shares as of March 31, valued at approximately $823 million. This is down from the 29.8 million shares worth $1.5 billion disclosed in its February filing. Millennium’s new filing also revealed options exposure to IBIT, including $11.5 million in call options and $12.5 million in put options. Millennium remains one of IBIT’s top shareholders. According to the latest data tracked by Fintel, the firm is the second-largest institutional holder, behind Goldman Sachs. Citadel ranks third, followed by other major stakeholders such as Capula Management and D.E. Shaw & Co. Source: https://cryptobriefing.com/blackrock-bitcoin-etf-holdings-increase/

You may also like

Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion

Overview of Important Market Events on June 25

From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework

Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.

Why do cryptocurrency projects always like to change their names?

In many cases, the old names of encryption projects have no competitive advantage, only historical baggage.

Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet

The trusted AI prediction ecosystem Manadia, which has secured $7 million in funding from well-known institutions like OKX, will globally launch in June. The core token UMXM has already been listed on multiple mainstream platforms, inviting you to seize the new blue ocean of the trillion-level predi...

Who is footing the bill for the $64 billion accounting frenzy?

Affected by Bitcoin falling below $60,000, publicly listed companies heavily invested in this asset are facing huge paper losses and valuation discounts, and their debt structure and accounting standards may trigger structural liquidity risks in the future.

I never expected that the first application of AI x Crypto would be in security auditing

AI has accelerated attack efficiency and also promoted the upgrade of defense systems. The security audit sector is undergoing a transition from a dividend model to a competitive model.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com