TechFlow, Nov. 19 — According to Bloomberg, the Abu Dhabi Investment Authority more than tripled its holdings in bitcoin exchange-traded funds during the third quarter, a move made before the cryptocurrency bull market turned into a wave of heavy selling.
Regulatory filings show that as of September 30, the institution increased its stake in BlackRock's iShares Bitcoin Trust ETF to nearly 8 million shares, valued at approximately $518 million at the time, up from 2.4 million shares held three months earlier.




