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 […]

BlackRock Fink Warns Dollar at Risk, Backs Bitcoin Growth

April 5, 2025

Catenaa, Saturday, April 05, 2025-BlackRock CEO Larry Fink early this week warned that the US dollar’s world reserve currency status is not guaranteed, cautioning that digital assets like bitcoin could replace it if US debt continues rising. In his annual letter, Fink highlighted concerns over national debt outpacing GDP and government interest payments surpassing defense […]

Moscow Exchange Debuts Bitcoin Futures on IBIT

June 8, 2025

Catenaa, Sunday, June 08, 2025-Russia’s Moscow Exchange (MOEX) on Wednesday launched cash-settled bitcoin futures contracts benchmarked to BlackRock’s US-listed IBIT bitcoin exchange-traded fund, marking a key step in expanding crypto derivatives trading for qualified investors. The contracts, quoted in US dollars and settled in Russian rubles, offer exposure to the IBIT ETF’s Bitcoin price performance […]