๐ Big News in Crypto! ๐
Michigan's State Pension Fund just made waves by purchasing Ethereum ETFs, becoming a top five holder with $10M in Grayscale's ETH products! ๐ This marks the first state fund investment in ETH, surpassing their Bitcoin ETF holdings of $7M.
The crypto community is buzzing with mixed reactions. Is this a bullish move for Ethereum? ๐ค Some see it as a strategic play, hinting at more government-backed investments in ETH.
Join the conversation! What do you think about Michigan's bold move? Share your thoughts below! ๐