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Abu Dhabi’s $764M Bitcoin Bet Holds Firm Through Market Pain

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Two of Abu Dhabi’s biggest sovereign investment vehicles sat through a roughly $118 million hit to their Blackrock spot bitcoin exchange-traded fund (ETF) positions in the second quarter and did not cut a single net share, leaving nearly $7…

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Abu Dhabi’s $764M Bitcoin Bet Holds Firm Through Market Pain
Bitcoin.com News 2h ago

Abu Dhabi’s $764M Bitcoin Bet Holds Firm Through Market Pain

Two of Abu Dhabi’s biggest sovereign investment vehicles sat through a roughly $118 million hit to their Blackrock spot bitcoin exchange-traded fund (ETF) positions in the second quarter and did not cut a single net share, leaving nearly $7…