- Mubadala raised its IBIT shares to 8.7M, worth $408M by March 2025.
- The Abu Dhabi fund added 491,439 shares in Q1 2025.
- BlackRock’s IBIT ETF offers a regulated way to invest in Bitcoin.
In its first-quarter SEC filing, Mubadala revealed a substantial rise in its investment in BlackRock’s iShares Bitcoin Trust (IBIT), bringing the total value to $408.5 million.
By the end of March 2025, Mubadala had reported 8,726,972 IBIT shares in his possession. Compared to its position in December 2024, Mubadala’s ownership is currently 47% greater.
In an effort to get into the lightning-fast cryptocurrency sector, Mubadala is boosting its stake in the Bitcoin Trust, which it views as a solid legal strategy.
Investors can benefit from Bitcoin price movements by investing in BlackRock’s IBIT without having to purchase the cryptocurrency itself. The IBIT was introduced in January 2024, drawing the attention of the institutional investor community due to its dependable and government-sanctioned path to exposure to crypto markets.
Mubadala is a leading sovereign wealth fund with more than $300 billion under management. Mubadala’s decision to invest in IBIT illustrates how there has been increasing interest from major players to channel money into cryptocurrencies.
Mubadala invested only a small proportion of its holdings in IBIT. However Mubadala’s investment in IBIT marks one of the most substantial sovereign wealth fund investments in a Bitcoin ETF to date, according to the disclosure.
Why Mubadala Chose BlackRock’s IBIT ETF
Mubadala can buy Bitcoin indirectly through BlackRock’s IBIT ETF without having to worry about issues such as custody of the cryptocurrency or regulatory compliance. Purchasing IBIT allows institutions to benefit from quick and efficient buying and selling of cryptocurrencies.
Yahoo Finance reported that shares of IBIT were priced at approximately $58.67 each in May 2025 and traded an average of more than 33 million times daily. Liquidity is a key advantage that led Mubadala to invest in BlackRock’s IBIT ETF.
Mubadala gradually increased its investment in IBIT in the previous few quarters. According to the company’s end-of-year filing it owned 8.2 million Bitcoin ETF shares valued at $436 million at the time.
Mubadala’s purchase of additional shares indicates that they’ve faith in Bitcoin and are willing to invest through both good and bad times. Most sovereign wealth funds prefer to keep their Bitcoin-related transactions private but Mubadala made the unusual move of revealing its Bitcoin ETF investment to the public.
Institutional Trends in Bitcoin ETF Investments
Mubadala has joined others in capitalizing on the increasing institutional demand for Bitcoin ETFs. Brown University and the State of Michigan have also revealed investments in IBIT through their first-quarter SEC filings.
Additionally, some industry participants are opting to lower their Bitcoin ETF holdings.The State of Wisconsin Investment Board recently divested all 6 million shares of IBIT that it had purchased as a pioneer of Bitcoin ETFs, as indicated in a separate SEC document.
However, Bitcoin seems to be gaining more and more acceptance among institutions.Eric Trump stated at the conference in Abu Dhabi in December 2024 that a number of major players around the world were competing to acquire Bitcoin.
