Abu Dhabi-based Al Warda Investments continued to develop its publicity to bitcoin by means of BlackRock’s iShares Bitcoin Trust (IBIT) within the fourth quarter of 2025, extending a method shift that started earlier within the yr.
In a filing launched in the present day, Al Warda reported proudly owning 8,218,712 shares of IBIT as of Dec. 31, up from 7,963,393 shares on the finish of the third quarter. The rise follows a pointy Q3 buildup, when the agency more than tripled its stake and raised its bitcoin ETF publicity to $517.6 million.
Al Warda operates underneath the Abu Dhabi Funding Council (ADIC), a part of Mubadala Funding Co., one of many area’s main sovereign wealth teams. The council has hardly ever taken public positions in listed digital property, sometimes favoring non-public market investments reminiscent of buyouts, infrastructure, and actual property.
Its rising allocation by means of a U.S.-listed bitcoin ETF indicators a shift in institutional positioning inside the Gulf. A spokesperson for ADIC beforehand told Bloomberg that bitcoin is more and more considered as a long-term retailer of worth alongside gold, citing its position in portfolio diversification as monetary markets transfer towards a extra digital future.
The This autumn improve comes after bitcoin surged towards an October peak close to $126,000 earlier than retreating under $90,000 in November. Bitcoin is at present trading close to $67,000.
Different establishments exploring Bitcoin by way of IBIT
Final week, Goldman Sachs disclosed roughly $2.36 billion in complete crypto publicity, together with a $1.1 billion place in IBIT, signaling a shift from its earlier skepticism towards bitcoin.
SEC filings additionally confirmed smaller holdings in Constancy’s Bitcoin fund, bitcoin-related firms, and choices positions tied to IBIT, alongside publicity to Ethereum, XRP, and Solana.
In November of final yr, Texas became the primary U.S. state to buy Bitcoin for its Strategic Reserve, buying $5 million IBIT shares value roughly $87,000 per BTC. The acquisition was made by means of BlackRock’s iShares Bitcoin Belief (IBIT) whereas the state finalizes plans for self-custody of the asset.
Texas had beforehand explored laws to determine a strategic Bitcoin reserve with out utilizing taxpayer funds. In June, the governor signed the regulation creating the state’s Strategic Bitcoin Reserve.
Harvard additionally adjusted its crypto holdings in This autumn 2025, slicing its Bitcoin place by 21% to five.35 million IBIT shares ($265.8 million) whereas establishing a brand new $86.8 million stake in BlackRock’s iShares Ethereum Belief.
Mixed crypto publicity totaled $352.6 million, with Bitcoin remaining the endowment’s largest publicly disclosed fairness.
