Inside Abu Dhabi’s $461 million investment in BlackRock’s Bitcoin ETF

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Inside Abu Dhabi’s $461 million investment in BlackRock’s Bitcoin ETF
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Bitcoin adoption across the Gulf region is reportedly heating up with the UAE's Abu Dhabi emerging as the 7th largest BlackRock BTC ETF...

Other pundits have called for the United States to include BTC in its sovereign wealth fundInterestingly, the UAE has never officially shared or notified its BTC stash. According to Binance founder CZ, the reported $461M BTC holding could be just the tip of the iceberg for AD alone. He

“Abu Dhabi has gone in much bigger than today’s filing. There’s a couple other GCC members that are making moves too. Was hoping this would be announced at BitcoinMENA but they weren’t ready.”

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