Bitcoin headlines this week reflect both exit and entry points from major institutions, with Wisconsin divesting its ETF position
Key Highlights
* The Wisconsin Investment Board (WIB) has fully exited its Bitcoin ETF position, liquidating all 6 million shares of BlackRock's iShares Bitcoin Trust (IBIT) for a total value of over $355 million at current prices.
* Meanwhile, Abu Dhabi's Mubadala wealth fund has reportedly built up a smaller but significant position in IBIT, accumulating an additional 491,000 shares in Q1 to reach a total of nearly 9 million.
* China-based logistics firm Addentax is planning to acquire up to $800 million in digital assets, including 8,000 BTC, as part of a broader pivot toward blockchain investment.
* At Consensus 2025 in Toronto, Eric Trump said the world is "hoarding Bitcoin," with sovereign funds and elite families now in a quiet accumulation race. Trump's mining company, American Bitcoin, plans to go public later this year through a merger with Gryphon Digital.
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