Abu Dhabi Fund Raises BlackRock Bitcoin ETF Stake to $512M

May 20, 2025

Catenaa, Tuesday, May 20, 2025-Mubadala Investment Company, one of Abu Dhabi sovereign wealth funds, significantly increased its exposure to BlackRock’s Bitcoin ETF during the first quarter, according to a regulatory filing released last Thursday. The fund acquired an additional 491,439 shares of BlackRock’s iShares Bitcoin Trust (IBIT), valued at $28.8 million, raising its total holdings […]

Bitcoin Suisse Approved in UAE, Plans Mideast Push

May 26, 2025

Catenaa, Tuesday May 27, 2025-Swiss-based crypto services provider Bitcoin Suisse announced Monday that its Middle East subsidiary, BTCS (Middle East) Ltd., has received In-Principle Approval from Abu Dhabi Global Market’s Financial Services Regulatory Authority. The milestone paves the way for full licensing, enabling the firm to offer regulated crypto trading, custody, and derivative services in […]