Abu Dhabi-based Al Warda Investments continued to increase its publicity to bitcoin by BlackRock’s iShares Bitcoin Belief (IBIT) within the fourth quarter of 2025, extending a method shift that started earlier within the 12 months.
In a submitting launched immediately, 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 greater 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 not often taken public positions in listed digital belongings, usually favoring non-public market investments comparable to buyouts, infrastructure, and actual property.
Its rising allocation by a U.S.-listed bitcoin ETF alerts a shift in institutional positioning throughout the Gulf. A spokesperson for ADIC beforehand advised Bloomberg that bitcoin is more and more seen 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 enhance comes after bitcoin surged towards an October peak close to $126,000 earlier than retreating beneath $90,000 in November. Bitcoin is presently buying and selling close to $67,000.
Different establishments exploring Bitcoin through IBIT
Final week, Goldman Sachs disclosed roughly $2.36 billion in whole 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 corporations, and choices positions tied to IBIT, alongside publicity to Ethereum, XRP, and Solana.
In November of final 12 months, Texas grew to become 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 BlackRock’s iShares Bitcoin Belief (IBIT) whereas the state finalizes plans for self-custody of the asset.
Texas had beforehand explored laws to ascertain a strategic Bitcoin reserve with out utilizing taxpayer funds. In June, the governor signed the legislation creating the state’s Strategic Bitcoin Reserve.
Harvard additionally adjusted its crypto holdings in This autumn 2025, chopping 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.
