Key Takeaways
- Mubadala increased its investment in the Bitcoin ETF to 12.7 million shares, valued at about $630.6 million by the end of Q4 2025.
- This represents a 46% increase from the previous quarter’s holdings of 8.7 million shares.
- Al Warda Investments also reported ownership of 8.2 million shares in the Bitcoin ETF, valued at $408 million.
- Combined, Mubadala and Al Warda hold approximately $1.386 billion in the Bitcoin ETF, as disclosed in SEC filings.
- The holdings reflect exposure through a regulated exchange-traded product without direct custody of Bitcoin.
Mubadala increased its Bitcoin ETF investment in the fourth quarter of 2025. The update was disclosed in a U.S. Securities and Exchange Commission Form 13F filing. The figures reflect holdings as of December 31, 2025.
The Abu Dhabi sovereign wealth fund reported ownership of 12.7 million shares of BlackRock’s iShares Bitcoin Trust (IBIT). The stake was valued at approximately $630.6 million at year-end. In the previous quarter, Mubadala held 8.7 million shares. The new filing shows a 46% increase in share count.
SEC Filing Details
Form 13F requires institutional investment managers to disclose certain U.S.-listed equity holdings each quarter. The reported valuation is based on market prices at the close of the quarter.
The iShares Bitcoin Trust is a spot Bitcoin exchange-traded fund listed in the United States. The ETF provides exposure to Bitcoin without direct ownership of the cryptocurrency.
Additional Abu Dhabi Exposure to the Bitcoin ETF
Al Warda Investments RSC, another Abu Dhabi-based investor, also disclosed a position in IBIT. The company reported ownership of 8.2 million shares. The stake was valued at approximately $408 million as of December 31, 2025.
Combined holdings of Mubadala and Al Warda totaled roughly $1.386 billion at the end of the fourth quarter. Both positions were detailed in regulatory filings submitted to the SEC.
Institutional Positioning in Regulated Bitcoin Products
The reported holdings represent exposure through a regulated exchange-traded product. The filings do not indicate direct custody of Bitcoin.
The article was published by Zawya on February 18, 2026. All figures are based on publicly available regulatory disclosures.
