**Michigan Pension Fund Prefers Ethereum to Bitcoin! ๐Ÿ˜„**

- The Michigan State Pension Fund (SMRS) just increased their Ethereum investment to $10 million, surpassing their Bitcoin allocation. Wow, Ethereum wins hands down!

- Michigan becomes the first US state to invest in an Ethereum-based ETF. Bold move or just following a trend?

- SMRS, with over $13 billion in assets, is starting to look at crypto as part of its diversification strategy. Previously, they had purchased $6.6 million worth of Bitcoin.

- SMRS now holds 460,000 shares in the Grayscale Ethereum Trust and $1.12 million in the Ethereum Mini Trust. Thatโ€™s almost $11 million in total in Ethereum ETFs alone!

- This trend shows that more US states are interested in digital assets. Florida and Wisconsin are also starting to look at crypto for their pension funds.

What do you think about Michiganโ€™s move? Is Ethereum really more attractive than Bitcoin? Letโ€™s discuss in the comments!