Bitcoin is the most important asset in two of Abu Dhabi sovereign wealth funds, according to regulatory filings.

Abu Dhabi’s Mubadala Investment Company disclosed Friday that it held a $490 million stake in BlackRock’s iShares Bitcoin Trust — the second-largest single holding across its entire 13F portfolio.

And a Thursday filing from the Abu Dhabi Investment Council, another state-run fund, revealed a $273.6 million position in the popular Bitcoin exchange-traded fund. The stake is the biggest position in its portfolio.

JUST IN: 🇦🇪 UAE sovereign wealth funds Mubadala and Abu Dhabi Investment Council report owning a combined $763.7 million of BlackRocks Bitcoin ETF 👀 pic.twitter.com/OOnptHhlTA— Bitcoin Magazine (@BitcoinMagazine) August 14, 2026

Both wealth funds’ position in Bitcoin is unchanged since last quarter.