According to @cas_abbe, Abu Dhabi sovereign wealth funds Mubadala and Al Warda hold a combined $681M exposure to Bitcoin via the iShares Bitcoin Trust (IBIT), source: @cas_abbe. Mubadala holds 8.72M IBIT shares valued at $534M, and Al Warda (managed by Mubadala) holds 2.41M shares valued at $147.5M, source: @cas_abbe. These BTC ETF positions have remained unchanged since May, indicating these accounts maintained their exposure through recent market conditions, source: @cas_abbe.