Asset managers, ranging from wealth management companies to hedge funds and pension funds, boosted allocations to U.S.
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Cryptopolitan on MSNAbu Dhabi, Wisconsin deepen Bitcoin exposure with $757M investment in BlackRock’s ETFThe State of Wisconsin Investment Board (SWIB) has stacked up an additional 3.1 million shares of BlackRock’s iShares Bitcoin ...
Wisconsin doubles its BlackRock iShares Bitcoin Trust holdings to $321.5M amid growing interest in Bitcoin investments.
Pension funds are dipping their toes into buying bitcoin, in a sign that even typically staid corners of finance are finding it hard to ignore the potential outsized returns from cryptocurrencies.
London | Pension ... exchange-traded funds approved last year, which invest directly in crypto on investors’ behalf and track the price of tokens such as bitcoin and ethereum. The State of ...
This performance has been attributed to the rising popularity of Bitcoin among pension funds. For example, by the end of September, the Wisconsin State Investment Board had become the 12th largest ...
noting that US schemes for the states of Wisconsin and Michigan are among the top holders of US stock market funds devoted to crypto, while some pension fund managers in Australia had also made small ...
Notably, Wisconsin’s Investment Board, its state pension fund, has over $160 million worth of shares across two spot Bitcoin exchange-traded funds (ETFs) and almost $13 million in Grayscale’s ...
a recent article shows how adoption of cryptocurrencies like Bitcoin has increased among investors known for their conservatism. Pension funds in Michigan and Wisconsin are among the largest ...
"State of Wisconsin reports $164M investments in spot Bitcoin ETFs," Cointelegraph, 5/14/24. 4 Source: Suzanne McGee, "Michigan state pension fund makes $6.6 million bitcoin ETF investment ...
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