🔥Wisconsin State Investment Board reveals $163 million in spot bitcoin ETFs.
The Wisconsin state board revealed in a filing Tuesday that it held nearly $100 million in cash #ETF , #Bitcoin , #BlackRock , as of the end of the first quarter of this year.
Wisconsin filed its 13F quarterly report this Tuesday with the United States Securities and Exchange Commission (#SEC ), revealing that it is the first state to purchase Bitcoin spot ETFs. In addition, it is also known that he purchased shares of the Bitcoin Trust of #grayscale worth $64 million.
For Bloomberg analyst Eric Balchunas, large institutions were not expected to buy these assets for at least a year (when the ETF obtains more liquidity), so this would be a good sign.
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