Bitcoin News

Story: Mubadala Adds $565M in BlackRock $BTC ETF Shares, Up 16% in Q1 2026

By Dan Saada

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Steady Buying Since Q4 2024. The pattern here is pretty clear. Mubadala didn't just dip a toe in and wait.

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What's Driving the Buys. Mubadala hasn't said publicly what's behind the decision. No statement.

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What the Market Is Watching Now. Market observers are now waiting on the next round of disclosures.

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Abu Dhabi's Mubadala Investment Company just got a lot more bullish on Bitcoin. The sovereign wealth fund raised its position in BlackRock's iShares Bitcoin ETF by 16% during the…

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That's not a small bet. Mubadala first stepped into the Bitcoin ETF market back in Q4 2024, and it's basically been adding shares every single quarter since. No pause. No trimming.

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The pattern here is pretty clear. Mubadala didn't just dip a toe in and wait. Since its first purchase in late 2024, each quarterly filing has shown more shares, more dollar…

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No flash. No press release. Just the numbers, disclosed and filed.

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And the numbers are significant. Going from an initial position to 14.7 million shares at $565.

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Mubadala hasn't said publicly what's behind the decision. No statement. No investor call commentary that's been disclosed.

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But the pattern speaks for itself, kind of. A 16% increase in a single quarter isn't an accident or a passive rebalancing.

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Read also: $BTC Spot ETFs Bleed $1 Billion in a Week as Investors Chase AI Stocks

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What's not murky is the direction. Up. Consistently.

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Institutional appetite for Bitcoin products has grown sharply across global markets in recent years, and sovereign funds have been among the slower movers in that shift.

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Market observers are now waiting on the next round of disclosures. Mubadala's next quarterly filing will either confirm the accumulation trend is still intact or show the first…

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The broader question — one nobody can answer right now — is whether other sovereign funds are watching Mubadala's moves and drawing their own conclusions.

The Currency Analytics

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