According to Odaily Planet Daily, the UK's first pension fund has allocated 3% of its assets to Bitcoin. Despite the volatility of Bitcoin, some people believe that it is a "digital gold" worth investing in.
(The Times) discussed whether pension funds should invest in Bitcoin. Previously, British pension fund consulting firm Cartwright urged institutional investors to allocate Bitcoin.
Glenn Cameron, head of digital assets at Cartwright, said the fund allocated 3% of its £50 million to bitcoin last month after detailed consultations with trustees to discuss ESG, investment cases and security.
