Michigan Pension Fund Goes Crypto! ๐
Trump's Election Impact: The US election outcome has sparked interest in crypto regulation, lead to increased adoption and favorable regulations ๐ค.
Michigan invests $17.6 million in crypto: $6.6 million in Bitcoin (BTC) and $11 million in Ethereum (ETH) ๐.
๐BTC's Appeal: Established store of value, hedging against inflation and economic uncertainty
๐Broader Trend: Firms like Wisconsin's SWIB and Jersey City's pension fund explore BTC ETFs
๐Crypto Recognition: Institutions recognize crypto as valuable reserves in uncertain economies ๐ฆ
