According to Odaily, the Wisconsin Investment Committee has reportedly acquired $99 million worth of BlackRock Bitcoin ETF, known as IBIT. The information was disclosed by @tier10k, based on the 13F form information from the U.S. Securities and Exchange Commission.
The purchase signifies a significant move into the cryptocurrency market by the Wisconsin Investment Committee. The BlackRock Bitcoin ETF, IBIT, offers investors exposure to Bitcoin without the need to directly own the cryptocurrency. This move by the Wisconsin Investment Committee could potentially signal a growing acceptance of cryptocurrency investments among traditional investment committees.
However, it's important to note that the specifics of the investment, such as the exact number of shares purchased or the precise date of the purchase, were not disclosed. Further details may become available as more information is released by the U.S. Securities and Exchange Commission.