Abu Dhabi Investment Tripled IBIT Holdings in Q3 as Bitcoin Headed to Record High

Finance Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Abu Dhabi Investment Tripled IBIT Holdings in Q3 as Bitcoin Headed to Record High The company sees bitcoin as a store of value, similar to gold, a spokesperson told Bloomberg. By James Van Straten | Edited by Sheldon Reback Nov 20, 2025, 10:59 a.m. Abu Dhabi (Nick Fewings/Unsplash modified by CoinDesk) What to know : Al Warda Investments increased it position in BlackRock's IBIT ETF by 230% in the third quarter to almost 8 million shares worth $517.6 million. The firm is managed by the Abu Dhabi Investment Council under the Mubadala Investment Co. sovereign-wealth fund. ADIC told Bloomberg it views bitcoin as a store of value similar to gold and expects to hold it as part of both its near and long term strategy. Al Warda Investments, an investment vehicle overseen by the Abu Dhabi Investment Council (ADIC), more than tripled its holdings of BlackRock's iShares Bitcoin Trust ETF (IBIT) in the third quarter as bitcoin BTC $ 92,123.27 headed toward October's record high. The 230% increase took its investment to just under 8 million shares valued at $517.6 million, the firm said in a filing with the U.S. Securities and Exchange Commission . STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . The Abu Dhabi Investment Council is a subsidiary of Mubadala Investment Co., one of the emirate's primary sovereign-wealth groups. The disclosure provides insights into the council's approach to digital assets, because it typically focuses on private market strategies such as buyouts, infrastructure and real estate. "We view bitcoin as a store of value similar to gold, and as the world continues to move toward a more digital future, we see bitcoin playing an increasingly important role alongside gold," a spokesperson for ADIC told Bloomberg . "Both assets contribute to diversifying our portfolio, and we expect to hold them as part of our near and long term strategy." The move, which occurred just before bitcoin hit a record high near $126,000 in early October and then slid below $90,000 in November, adds to a growing wave of institutional interest. Harvard's endowment fund recently disclosed a $443 million position in the same ETF, an allocation equal to about 20% of its reported U.S. listed public equity holdings. The 30% decline in bitcoin's price from its peak has hit interest in exchange-traded funds. On Nov. 18, IBIT experienced its biggest single day outflow since the product launched in January 2024. On Wednesday, it recorded the first net inflow since Nov. 11. Abu Dhabi BlackRock Bitcoin ETF More For You Protocol Research: GoPlus Security By CoinDesk Research Nov 14, 2025 Commissioned by GoPlus What to know : As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M. GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month. Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B. View Full Report More For You Stablecoin Spending Goes Mainstream With Opera MiniPay’s LatAm Integration By Francisco Rodrigues | Edited by Nikhilesh De 11 hours ago The feature connects USDT balances to PIX and Mercado Pago, enabling users to pay with QR codes and converting to local currency instantly. What to know : Opera's MiniPay wallet has launched a "Pay like a local" feature, allowing users in Argentina and Brazil to spend stablecoins at shops and services using local payment systems. The feature connects USDT balances to PIX and Mercado Pago, enabling users to pay with QR codes and converting to local currency instantly. MiniPay plans to expand the feature to other markets, partnering with providers to offer on- and off-ramps across Latin America and Canada. 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