🚨 Heads up, crypto fam Arab big money is piling in HARD on Bitcoin right now! 🚀
Fresh from the filings: Abu Dhabi’s sovereign wealth fund Mubadala just boosted its holdings in BlackRock’s spot Bitcoin ETF (by about 46% in Q4 last year, pushing their stake to roughly $630 million (12.7 million shares as of Dec 31).
This isn’t some small play Mubadala manages over $330 billion in assets for the UAE government, spreading across tech, infra, and more.
They’re buying the dip even as BTC took hits, and together with related funds, Abu Dhabi players held over $1B in IBIT by year end.
Institutional adoption from the Gulf? It’s real and accelerating.
Bullish vibes incoming?
What do you think ready for more sovereign money to flood crypto? 😎
#Bitcoin #Crypto #Mubadala $BTC

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