Bitcoin News Update: Abu Dhabi's Bitcoin Initiative: Expanding a $1.7 Trillion Wealth Portfolio Beyond Oil
- Abu Dhabi's ADIC tripled its Bitcoin exposure to $518M via BlackRock's IBIT in Q3 2025, now holding 8M shares. - Combined with Mubadala, the emirate holds $1.085B in U.S. Bitcoin ETFs, signaling long-term "digital gold" strategy. - Despite 20% Bitcoin price drop post-October peak, ADIC emphasized diversification from oil revenue in its $1.7T wealth complex. - Market volatility saw $3.1B in ETF redemptions, but institutional investors like Harvard also boosted IBIT holdings. - Analysts remain divided on B
The Abu Dhabi Investment Council (ADIC), the emirate’s sovereign wealth fund, made a substantial increase in its
ADIC began building its position with an initial $436.9 million purchase of
However, ADIC’s acquisitions came just as the market reversed sharply. Bitcoin soared to a record $126,000 on October 5, but then slid below $90,000 by late November, negatively affecting IBIT’s returns. The ETF
Analysts remain split on Bitcoin’s short-term prospects. Some see the current price levels as a buying opportunity, while others caution that volatility may persist. The conclusion of the U.S. government shutdown has renewed optimism for new crypto ETF approvals in 2026, with
At the same time, Abu Dhabi’s dual strategy—combining ETF investments with direct mining partnerships through Citadel and Marathon Digital—positions the emirate as a significant force in both institutional and on-chain Bitcoin adoption
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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