By Isaac • August 15, 2026 2:23 pm •
Bitcoin’s latest institutional filing cycle delivered a quiet signal from Abu Dhabi: two of the emirate’s biggest state-backed investors watched the value of their spot Bitcoin ETF positions fall, but neither one cut a share.
The important detail is not the size alone. It is that the share count stayed put through a difficult quarter for Bitcoin.
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According to CryptoSlate, Mubadala Investment Company and the Abu Dhabi Investment Council held a combined 22.94 million shares of BlackRock’s iShares Bitcoin Trust ETF, or IBIT, at the end of June. Neither investor reduced its reported share count during the second quarter.
The report estimates that Bitcoin’s decline erased roughly $118 million from the positions’ market value. It also
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