ChainCatcher news, according to Bitcoin Magazine, the latest 13F filing from Abu Dhabi's sovereign wealth fund Mubadala shows that its position in BlackRock's spot Bitcoin ETF (IBIT) has increased to 8.727 million shares, with a market value of $408.5 million, representing a 6% growth compared to the holdings at the end of 2024. This investment coincides with high-level interactions on crypto policy between the U.S. and the UAE. David Sacks, an AI and crypto advisor appointed by President Trump, discussed opportunities for the integration of digital currencies and artificial intelligence with UAE officials on March 20.

ChainCatcher news, according to Cointelegraph, Anthony Scaramucci, founder of SkyBridge Capital, stated in a recent podcast interview that although some sovereign wealth funds have marginally allocated Bitcoin, it is difficult to see large-scale capital inflows before the U.S. establishes clear regulatory frameworks for digital assets.He pointed out that if the U.S. passes a stablecoin regulatory bill, allows traditional banks to custody Bitcoin, and makes progress in the tokenization of stocks and bonds, it could trigger a wave of large purchases of Bitcoin by sovereign wealth funds.Anthony Scaramucci emphasized that only when sovereign wealth funds view Bitcoin as part of the global financial infrastructure could it drive the price of Bitcoin to reach a million dollars.

ChainCatcher news, according to Reuters, Abu Dhabi sovereign wealth fund ADQ, corporate group IHC (IHC.AD), and the largest bank by assets in the UAE, First Abu Dhabi Bank (FAB.AD), announced on Monday their plan to launch a new stablecoin backed by the dirham, which is the official currency of the United Arab Emirates (UAE).The three companies stated in a statement that the stablecoin will be fully regulated by the Central Bank of the UAE. This initiative marks a further deepening of investment in the cryptocurrency sector by Gulf countries.

ChainCatcher news, according to Cointelegraph, Coinbase's Head of Institutional Strategy John D'Agostino revealed that in April 2025, institutional investors such as sovereign wealth funds are actively increasing their holdings of BTC, while retail investors are exiting through ETFs and the spot market.D'Agostino compared Bitcoin to gold, emphasizing its scarcity, immutability, and the portability of non-sovereign assets, believing that institutional buyers view it as a hedge against currency inflation and macroeconomic uncertainty.

ChainCatcher news, according to market news, Binance has stated that multiple governments and sovereign wealth funds have approached them with the intention of establishing cryptocurrency reserves.It is reported that Binance CEO Richard Teng mentioned in an interview with the Financial Times on April 17 that Binance has been advising several governments on establishing strategic Bitcoin reserves and formulating regulations for crypto assets.He said, "In fact, we have already received quite a few suggestions from some governments and sovereign wealth funds about establishing their own crypto reserves." Although he did not specify particular countries, Richard Teng indicated that the United States is far ahead in this regard.

ChainCatcher news, U.S. Secretary of Commerce Raimondo stated that tariffs will not fund the U.S. sovereign wealth fund.

ChainCatcher news, according to The Block, Standard Chartered's Global Head of Digital Assets Research Geoffrey Kendrick released a new report indicating that institutional investors are accelerating their entry into the Bitcoin market. The Q4 13F filings show that, in addition to hedge funds maintaining dominant buying power, the buying intensity from banks has significantly increased.The Abu Dhabi sovereign fund has approximately 4,700 equivalent Bitcoins in the BlackRock IBIT ETF, and this scale is expected to expand further. Kendrick stated that the Czech central bank is considering allocating 5% (about 7 billion euros) of its 140 billion euro reserves to Bitcoin, and the Swiss central bank is also in the early stages of exploring Bitcoin investments.As the barriers to institutional entry lower and volatility decreases, more institutional portfolios will gradually move from an underweight position in Bitcoin to an optimal allocation level. Kendrick maintains his prediction that the price of Bitcoin will reach $500,000 by 2028.

ChainCatcher news, according to CoinDesk, investment bank Bernstein has released a research report indicating that the U.S. cryptocurrency working group will focus on advancing the establishment of a national Bitcoin reserve. Analyst Gautam Chhugani's team believes that this initiative could trigger a global competition among sovereign nations to incorporate Bitcoin into their reserve assets.The report explores the key issues facing the establishment of the reserve: first is the determination of the purchasing entity, which would require legislative approval if executed by the Federal Reserve; second is the source of funding, which could potentially be addressed through issuing bonds or selling a portion of gold reserves. The report also mentions that the U.S. government could include approximately $20 billion worth of Bitcoin previously seized from criminal activities into the national reserve.It is noteworthy that the Trump administration had previously announced the establishment of a sovereign wealth fund (SWF), which would consider significant U.S. cryptocurrency companies as strategic investment targets. Bernstein advises investors to prepare for a new round of bull market for Bitcoin and related stocks.

ChainCatcher news, the Trump administration recently proposed the establishment of a U.S. Sovereign Wealth Fund (SWF) before 2026, and hinted that TikTok could be a potential investment target for the fund. This proposal has attracted widespread attention against the backdrop of challenges facing the U.S. economy and a high fiscal deficit. Although this idea seems appealing, analysts warn that without clear planning and governance mechanisms, the fund could do more harm than good to the market and the economy.

ChainCatcher news, Bloomberg senior analyst James Seyffart posted data on the X platform indicating that the Abu Dhabi sovereign wealth fund Mubadala Investment Company is currently the seventh largest holder of the known BlackRock Bitcoin ETF (IBIT), holding IBIT valued at $461.23 million. This indicates that traditional financial institutions are increasingly interested in the cryptocurrency market and are beginning to participate through investments in Bitcoin ETFs and other means.

ChainCatcher news, Ark Invest founder, CEO, and Chief Investment Officer Cathie Wood stated in an interview with Bloomberg that the model of DeepSeek may attract more companies to join the open-source AI camp, thereby breaking the existing market pattern and forming a new competitive landscape.Cryptocurrency is the next internet revolution and is currently witnessing a triple paradigm shift: first, the proportion of institutions in Bitcoin futures open interest has risen from 17% in 2020 to 63%; second, sovereign wealth funds are beginning to allocate, with the Norwegian Oil Fund disclosing last month that it holds 42,000 BTC. Most importantly, Bitcoin is becoming a balance sheet tool for tech companies—MicroStrategy holds 214,000 coins, and Tesla also has strategic reserves.

ChainCatcher News, U.S. President Donald Trump signed an executive order on Monday directing the Treasury Department and the Commerce Department to establish a sovereign wealth fund. Treasury Secretary Scott Bessenet has expressed some interest in cryptocurrencies, while Commerce Secretary nominee Howard Lutnick is a staunch supporter of the crypto industry.Bessenet stated during an appearance at the White House with Trump that the sovereign wealth fund is expected to be established within the next 12 months. Although Bitcoin was not mentioned at the time of signing, the fund could become a tool for the government to purchase and hold cryptocurrencies.

ChainCatcher news, BlackRock CEO Larry Fink revealed that he has discussed purchasing Bitcoin with some sovereign wealth funds, but did not disclose the names of the relevant sovereign wealth fund companies.Fink added that as concerns about a dollar crisis grow within the Federal Reserve, inflation worries have sparked interest in Bitcoin, and governments around the world have increased spending and stimulus measures in recent years. Analysts believe that the soaring inflation rate in the U.S. has forced the Federal Reserve to raise interest rates at a historic pace, increasing debt interest payments and exacerbating fears of a "death spiral." Federal Reserve officials are still struggling to address the looming "stagflation nightmare" scenario.

ChainCatcher news, according to Bloomberg, Paris-based cryptocurrency wallet technology company Dfns has completed a $16 million financing round, led by the Abu Dhabi sovereign wealth fund ADQ, with other investors including market makers Wintermute, Motive Partners, Bpifrance, and the family office Motier Ventures, owner of Galeries Lafayette Group.Dfns, founded in 2020, has developed technology that allows developers to more easily build and securely manage digital asset wallets. Its clients include Fidelity International, Zodia Custody, and the stablecoin company Bridge, which was acquired by Stripe last year. The startup plans to expand its workforce from the current 25 to 35 employees, having previously raised $13 million in 2022.

ChainCatcher news, Norway's sovereign wealth fund's ethical oversight body will investigate companies in the fund's portfolio (including those in the cryptocurrency sector) next year to determine if there are any ethical violations. If issues are confirmed, the fund may choose to divest from these entities.The Government Pension Fund Global is the largest sovereign wealth fund in the world, managing assets worth $1.8 trillion. The fund was established to manage surplus revenues from the oil and gas industry, aiming to ensure financial stability for future generations through diversified global investments.The agency reviewed an ethical committee document sent to the Ministry of Finance on October 10. The document indicated that in 2025, the ethical committee will investigate companies involved in cryptocurrencies and gambling due to their high money laundering risks.It is reported that the fund has increased its cryptocurrency investments, purchasing a 0.83% stake in Coinbase, valued at $453 million. It has also acquired shares in Marathon Strategy, Block, and Marathon Digital.

ChainCatcher news, according to DLNews, Kraken's strategy chief Thomas Perfumo expects that the inflow of funds into cryptocurrency ETFs will double to $50 billion by 2025. He stated that "ultimate allocation institutions" such as sovereign wealth funds, endowments, and pension funds will gradually enter the market next year, and large asset management institutions have begun to consider allocating 1% to 3% of their investment portfolios to crypto assets.Data shows that the total amount of Bitcoin held by 11 Bitcoin ETF issuers has exceeded $90 billion, accounting for more than 5% of the total Bitcoin supply. The participation of mainstream asset management institutions like BlackRock and Fidelity has not only reduced investment costs and risks but also enhanced the market recognition of crypto assets.Perfumo further pointed out that Trump's victory in the U.S. election has injected confidence into the market. Trump previously promised to establish a Bitcoin strategic reserve, fire SEC Chairman Gary Gensler, and promote stablecoin legislation.

ChainCatcher news reports that Vetle Lundle, a senior analyst at 33 Research, stated that the world's largest sovereign wealth fund, the Norwegian Sovereign Wealth Fund, may have indirectly increased its Bitcoin investment (currently valued at over $144 million) unintentionally. If this was a deliberate move to expose the fund to more Bitcoin, it perfectly illustrates how Bitcoin as an asset is maturing and integrating into any diversified investment portfolio.The indirect investment comes from increased investments in companies that hold Bitcoin. For example, the fund adjusted its holdings in MicroStrategy, making it 0.89% of its total investment portfolio. Additionally, the fund has increased its stakes in Coinbase and Block Inc (formerly Square) and has begun investing in the mining company Marathon Digital.

ChainCatcher message, according to data from K33 Research, the Norwegian sovereign wealth fund (NBIM) currently holds 2,446 BTC indirectly through investments in technology companies that hold cryptocurrencies.Since December 31, 2023, its "holding value" has been slightly above $143 million, increasing by 938 BTC.

ChainCatcher news, K33 Research senior analyst Vetle Lunde stated on the X platform: "The Norwegian sovereign wealth fund (NBIM) indirectly holds 2,446 bitcoins, an increase of 938 since December 31, 2023. This growth is likely due to a predetermined algorithm-based sector weight allocation and risk diversification strategy. It is unlikely to be a deliberate choice to increase bitcoin exposure—if increasing bitcoin exposure were the goal, we would see more evidence of direct exposure initiatives (and significantly larger exposure).Nevertheless, this perfectly illustrates how bitcoin as an asset is maturing and being incorporated into any diversified portfolio. Thanks to the corporate bitcoin reserve strategies promoted by Michael Saylor, Jack Dorsey, Fred Thiel, and others, by the end of the first half of 2024, the average Norwegian indirectly holds 44,476 "satoshis" (approximately $27) of bitcoin.The growth in indirect exposure comes from: an increase in exposure to MicroStrategy from 0.67% to 0.89%; MicroStrategy increased its exposure by 37,181 bitcoins in the first half of 2024; exposure to Marathon Digital increased from zero to 0.82%; exposure to Coinbase increased from 0.49% to 0.83%; exposure to Block Inc increased from 1.09% to 1.28%."