Singapore's GIC Increases Bitcoin Exposure via OTC Derivatives Basket
AI News Scout parsed GIC annual report: Singapore sovereign wealth fund GIC reports increased Bitcoin exposure through an OTC derivatives basket.
How Much Bitcoin
$510,000,000 (Paper BTC via ETF)
BTC Price Then
$84,417
Price Change
+14%
Location
Singapore
Frequently Asked Questions
Who is adopting Bitcoin in "Singapore's GIC Increases Bitcoin Exposure via OTC Derivatives Basket"?
GIC Private Limited (Government) is the entity adopting or allocating into Bitcoin in Singapore.
What type of entity is GIC Private Limited?
GIC Private Limited is classified as a Government in the Bitcoin adoption ledger.
How much Bitcoin is being acquired or held?
$510,000,000 (Paper BTC via ETF). This represents indirect (paper) Bitcoin exposure through an exchange-traded fund.
What was the Bitcoin price at the time of this adoption?
At the time of this event, Bitcoin was priced at $84,417 per BTC.
When did this Bitcoin adoption event happen?
This adoption event was recorded on Sat, Sep 26, 2026.
Where is this Bitcoin adoption taking place?
This adoption is attributed to Singapore.
What is the source of this Bitcoin adoption story?
Originally reported by GIC and indexed from the original report.
Originally reported by GIC
Read the original report