Bitcoin News

Story: Abu Dhabi Investment Council Nearly Triples Bitcoin ETF Holdings in Bold Q3 Expansion

By Steven Anderson

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A Strategic Accumulation Despite Market Swings. Bloomberg’s data shows that ADIC boosted its holdings from 2.

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Institutional Confidence Rising in the UAE. The UAE has positioned itself as a global hub for digital-asset innovation, and ADIC’s substantial…

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IBIT Struggles Despite Strong Year-to-Date Performance. While IBIT has experienced strong adoption in 2024 and early 2025, analysts say the recent…

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Whales and Large Investors Buying the Dip. Market analysts note that large Bitcoin holders appear to be using the recent correction as a…

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Forced Selling May Be Nearing an End. Some experts believe the market’s recent sharp decline may be linked to forced selling rather than…

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A Strong Signal for Global Crypto Markets. ADIC’s decision to triple its Bitcoin ETF exposure during a volatile quarter sends a clear…

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The Abu Dhabi Investment Council (ADIC) made one of its largest digital-asset moves to date in the third quarter, significantly increasing its stake in BlackRock’s spot Bitcoin…

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ADIC, an investment arm of the Mubadala Investment Company, told Bloomberg it views Bitcoin as the digital equivalent of gold—a statement that underscores the region’s growing…

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Bloomberg’s data shows that ADIC boosted its holdings from 2.4 million IBIT shares at the start of Q3 to nearly 8 million by September 30.

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IBIT briefly climbed to $71 on October 6, the day after Bitcoin reached its new all-time high. But the recent downturn has dramatically shifted the landscape.

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Despite this pullback, ADIC’s aggressive accumulation has been interpreted as a signal that institutional adoption remains strong, particularly in the UAE, where digital-asset…

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The UAE has positioned itself as a global hub for digital-asset innovation, and ADIC’s substantial expansion into Bitcoin further bolsters that image.

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Zayed Aleem, treasury manager at the crypto investment firm M2, praised the move in a LinkedIn post, describing it as “a strong sign that the UAE is securing its place in the…

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Crypto commentator MartyParty echoed this sentiment, noting that ADIC’s larger position represents a strategic bet on Bitcoin’s role as a long-term store of value.

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The timing of the announcement is significant. It comes just one day after IBIT recorded its largest daily outflow since launching in January 2024—more than $523 million—as…

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