Harvard dumps ether ETF as Abu Dhabi sovereign fund keeps adding to bitcoin positions

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Mubadala, Abu Dhabi's sovereign wealth fund, continues to increase its stake in BlackRock's iShares Bitcoin Trust ETF, adding over $90 million to its existing position. This move comes as Harvard University has reportedly sold its shares in an ether ETF, a potentially bearish signal for the broader cryptocurrency market, weighing on investor sentiment.