Abu Dhabi-linked sovereign investors reported more than $1.04 billion in exposure to US spot Bitcoin ETFs as of the end of 2025, based on recent SEC Form 13F filings. Mubadala Investment Company and Al Warda Investments disclosed a combined 20.9 million shares in BlackRock’s spot Bitcoin ETF, underscoring sustained state-backed allocation to regulated crypto products.
The filings arrive as US Bitcoin ETFs recorded roughly $104.87 million in daily net outflows, reflecting short-term volatility across late January and February. Total net assets across spot Bitcoin ETFs remained above $85 billion, indicating continued institutional scale despite intermittent redemptions and shifting market sentiment.
The disclosures point to a longer-term strategic positioning by sovereign capital rather than tactical trading activity. Growing participation from global institutions, including European banks and sovereign entities, suggests that regulated ETF structures are increasingly serving as the preferred entry point for large allocators seeking compliant exposure to digital assets amid evolving macro and liquidity conditions.
