US state pension fund again receives Bitcoin spot ETF

The US state of Wisconsin pension fund, which officially announced that it bought the Bitcoin spot ETF in May, added to the BlackRock fund, while completely selling the Grayscale fund it held.

US state pension fund again receives Bitcoin spot ETF

The pension fund of the US state of Wisconsin increased its BlackRock spot Bitcoin ETF from 2.5 million to 2.9 million. The state of Wisconsin currently holds $100 million of BlackRock ETFs.

The state fund also made sales at the same time as additions. The fund also completely disposed of the Grayscale ETF, worth close to $50 million.

As it will be remembered, on July 26, the Michigan State Fund announced that it bought ARK Invest Bitcoin spot ETF. Fob made a $6.5 million purchase.

Bitcoin spot ETFs have received net investments of over $ 50 billion to date. In this sense, the fund that received the most investment was the BlackRock ETF IBIT with $20 million.

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