🚀 Hot news: Australia's AMP Retirement Fund has invested $27 million in Bitcoin (BTC) in May 2024, becoming the first major retirement fund in Australia to accept this digital asset!

- AMP manages about $57 billion in assets, with 0.05% allocated to BTC.

- BTC surged in value after Donald Trump's election victory, reaching the milestone of $100,000.

- However, other retirement funds in Australia remain cautious about BTC.

🌍 Global trend: Michigan Retirement Fund and South Korea's NPS have also invested in BTC through ETFs and MicroStrategy shares.

- Florida and the UK are also considering BTC for retirement funds.

- Cartwright from the UK has allocated 3% to BTC, emphasizing the unique risk-return benefits.

What do you think about this trend? Share your thoughts! 💬