🚀 **Michigan Joins the Bitcoin Bandwagon!** 🚀
In a thrilling move for Bitcoin enthusiasts, the State of Michigan Retirement System has revealed a $6.6 million allocation to Bitcoin ETFs as of June 30! 🌟 This marks Michigan's first foray into the crypto world, investing through the Ark 21Shares Bitcoin ETF, the fourth largest U.S. Bitcoin ETF.
While this investment is a mere 0.004% of Michigan's $143.9 billion pension fund, it's a significant step towards broader Bitcoin adoption. 🥳 Michigan follows Wisconsin, which allocated $154 million to BTC ETFs earlier this year.
Stay tuned as more states explore Bitcoin investments! 🌐💰 #Bitcoin #CryptoAdoption