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Bitcoin Updates: Abu Dhabi's Investment in Bitcoin Grows Threefold as the UAE Adopts a Digital Gold Approach

Bitcoin Updates: Abu Dhabi's Investment in Bitcoin Grows Threefold as the UAE Adopts a Digital Gold Approach

Bitget-RWA2025/11/26 15:44
By:Bitget-RWA

- Abu Dhabi's ADIC triples Bitcoin ETF stake to $518M, positioning UAE as top sovereign holder via U.S. ETFs. - Strategic shift from oil revenue to "digital gold" coincides with BTC's $86,600 level and $238M ETF inflow reversal. - Analysts flag $88,000 as critical resistance for bullish momentum, while XRP traders profit from November rebounds. - Institutional/retail dynamics shape BTC's outlook, with 4-year cycle risks and $90,000 threshold defining near-term direction.

Bitcoin's latest price movements have sparked fresh interest as both institutional investors and market experts assess its direction in an unpredictable environment. During the third quarter of 2025, the Abu Dhabi Investment Council (ADIC) increased its holdings in BlackRock's

ETF (IBIT) threefold, now owning close to 8 million shares worth $518 million as of September 30, . Alongside Mubadala Investment Company's existing stake, this move places the UAE among the top sovereign Bitcoin holders via U.S.-listed ETFs. away from oil revenues, with officials comparing Bitcoin to gold as a long-term value reserve.

These ETF investments have occurred as Bitcoin attempts to overcome significant resistance points.

, which is 31% below its October high of $126,200, and spot Bitcoin ETFs saw $3.5 billion in outflows during November. Yet, the latest figures indicate a turnaround, with $238 million flowing in after a month of withdrawals, potentially bringing some stability to the market. may pave the way for a challenge of the $90,000 resistance, a crucial level for continued upward momentum.

Institutional trust in digital assets is not limited to ETFs.

on recent market swings, with his $1 million investment turning profitable after a rapid climb from $1.83 to $2.21 in less than a week. Portnoy's bold buying during the November downturn, including a $500,000 purchase of XRP at its lowest point of the day, highlights the appeal of undervalued assets during bearish phases. , such as selling XRP in a panic at the start of 2025, and illustrates how retail sentiment can influence short-term price movement.

The dynamic between institutional and retail participants is influencing Bitcoin's short-term prospects. While ETF inflows and the S&P 500's current position—just 2% below its all-time high—point to market strength, there are still risks to the downside.

toward $80,000, deepening the typical correction seen after a peak in the four-year cycle. At the same time, Abu Dhabi's calculated investments and the ETF-driven surge in XRP reflect a broader transformation in how governments and investors view digital currencies.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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