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Amin Ayan

Al Warda Investments Increases BlackRock Bitcoin ETF Holdings to $517.6 Million

Al Warda Investments, part of the Abu Dhabi Investment Council, expanded its stake in BlackRock's iShares Bitcoin Trust by 230% during the third quarter. The firm now holds approximately 8 million shares valued at $517.6 million, according to SEC filings. The move represents a strategic shift for the investment arm, which traditionally focuses on private market investments.