Abu Dhabi Investment Council triples stake in Bitcoin ETF in Q3: Report

Cointelegraph•Thursday, November 20, 2025 at 1:50:12 AM

NegativeCryptocurrency

Abu Dhabi Investment Council triples stake in Bitcoin ETF in Q3: Report

The Abu Dhabi Investment Council has significantly increased its investment in BlackRock's Bitcoin ETF, tripling its stake to nearly 8 million shares during the third quarter. This decision reflects a strategic commitment to Bitcoin despite recent market volatility.
This substantial investment indicates the council's long-term confidence in Bitcoin as a digital asset, even as the cryptocurrency market faces challenges, including a notable decline in ETF share prices.
The broader cryptocurrency landscape is currently marked by significant outflows from Bitcoin ETFs, with BlackRock's products experiencing record withdrawals, highlighting a cautious sentiment among investors and raising questions about the future of institutional investments in digital assets.

— via World Pulse Now AI Editorial System

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NewsBTC21 hours ago

BTC Breaks Higher as Record Bitcoin ETF Inflows Trigger Wave of Bearish Liquidations

PositiveCryptocurrency

Bitcoin (BTC) has surged past the $96,000 mark this week, driven by significant inflows into U.S. spot Bitcoin exchange-traded funds (ETFs) and a favorable U.S. Consumer Price Index (CPI) report, which alleviated inflation concerns. This price movement marks the end of a prolonged consolidation phase, leading to a wave of bearish liquidations as short sellers exited their positions.

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