EL7.AI
CryptoMediumUpdated×4•Originally published 15 August 2026•Updated 15 August 2026•
1 min read

Abu Dhabi Sovereign Funds Hold Bitcoin ETF Despite $118M Paper Loss

Two men in suits against a yellow background with a UAE map, a Bitcoin safe, and financial logos.

Key Facts

1Two Abu Dhabi sovereign funds recorded $118 million in unrealized losses on their BlackRock Bitcoin ETF positions last quarter.
2New SEC filings show that the funds did not sell a single share of their holdings despite the price drop.

In a move reflecting a long-term investment strategy in digital assets, two Abu Dhabi sovereign wealth funds recorded $118 million in unrealized losses on their BlackRock Bitcoin ETF positions last quarter. According to reports, new SEC filings show that the funds did not sell a single share of their holdings despite the price drop, signaling strong institutional conviction in the crypto sector.

This institutional stance highlights a commitment to 'HODLing' despite market volatility, as sovereign entities including Mubadala opted to maintain full exposure rather than exiting during a downturn.

While the upcoming calendar shows no direct catalysts for Bitcoin ETFs in the next few days, market participants will continue to weigh the impact of recent global inflation data on overall risk appetite for digital assets.