Abu Dhabi’s Mubadala Raises Bitcoin ETF Stake 16% To $566 Million In Q1 2026
Abu Dhabi’s Mubadala Investment Company has significantly increased its stake in BlackRock’s iShares Bitcoin Trust (IBIT), according to a recent 13F filing. The sovereign wealth fund now holds 14,721,917 shares valued at $565,616,051 as of March 31, 2026, which represents a 16% increase from the previous quarter.
This continued accumulation of bitcoin exposure by Mubadala began in Q4 2024, when the fund first disclosed holdings worth at least $436 million. Subsequent filings showed a steady increase in shares, with the latest filing pushing the position past the half-billion dollar mark for the third consecutive quarter.
Mubadala, which manages a global portfolio exceeding $330 billion in assets, has been actively diversifying its investments across various sectors, including technology, healthcare, infrastructure, private equity, and public markets. Bitcoin has emerged as a prominent public market position for the fund, accessed through the regulated IBIT structure.
In addition to Mubadala, Al Warda Investments, a subsidiary of the Abu Dhabi Investment Council under the Mubadala umbrella, has also been building its IBIT position. Together, the two Abu Dhabi entities hold more than $1 billion in IBIT shares as of December 31, 2025, showcasing Gulf Cooperation Council sovereign participation in regulated bitcoin products.
The increased interest in bitcoin among institutional and governmental entities is evident in recent disclosures. Goldman Sachs reported approximately $2.36 billion in total crypto exposure through various vehicles, while Jane Street disclosed a significant IBIT position. Furthermore, Texas made headlines as the first U.S. state to purchase bitcoin for a strategic reserve.
On the political front, the Trump family trust made notable investments in bitcoin-linked companies during the first quarter of 2026, aligning with a more crypto-friendly policy agenda. Financial disclosures revealed substantial trades in these companies, signaling a growing interest in the cryptocurrency market.
Overall, the trend of sovereign wealth funds and institutional investors increasing their exposure to bitcoin reflects a broader shift towards digital assets as a legitimate investment option. The evolving landscape of crypto investments underscores the growing importance of blockchain technology and its potential to reshape traditional financial markets.
