Abu Dhabi Fund Tripled Bitcoin Bet in Months Before Crypto Crash
The Abu Dhabi Investment Council more than tripled the size of its position in a Bitcoin exchange-traded fund during the third quarter, shortly before the bull market in cryptocurrencies gave...
By Ben Scent, Alex Dooler · Bloomberg Markets
The Abu Dhabi Investment Council more than tripled the size of its position in a Bitcoin exchange-traded fund during the third quarter, shortly before the bull market in cryptocurrencies gave way to a brutal selloff.