Mubadala Investment Company and Al Warda Investments collectively owned over 20 million IBIT shares at the end of 2025.
Two Abu Dhabi sovereign wealth funds held over $1 billion in BlackRock’s spot Bitcoin ETF at the end of last year, according to documents filed with the U.S. Securities and Exchange Commission.
Mubadala Investment Company reported owning 12,702,323 shares of the BlackRock fund with ticker IBIT, valued at approximately $631 million. Al Warda Investments, the investment arm of the United Arab Emirates government, reported holdings of 8,218,712 shares valued at $408 million, for a combined total of over 20 million shares.
Separate 13F filings show that Mubadala increased its IBIT share holdings by 46% compared to its third-quarter filing with the SEC. For much of last year, the Abu Dhabi fund had maintained a position above 8 million shares in IBIT.
BlackRock’s spot Bitcoin ETF remains the largest of its kind, with assets under management of approximately $58 billion. The fund’s value has declined with the drop in Bitcoin’s price in recent months. 13F filings are submitted quarterly to the SEC by institutional investment managers holding a minimum of $100 million in assets under management.
