U.S. state pension fund takes Bitcoin spot ETF again
The U.S. Wisconsin state pension fund, which officially announced its acquisition of the Bitcoin spot ETF in May, added to the BlackRock fund, while it sold its Grayscale fund completely.
The US state of Wisconsin's pension fund increased its BlackRock spot Bitcoin ETF from 2.5 million units to 2.9 million. The state of Wiscoins currently has a $100 million BlackRock ETF.
Along with the state fund additions, it also made sales. The fund has also completely removed the Grayscale ETF, which is worth close to $50 million.
As it will be remembered, on July 26, the Michigan State Fund ARK Invest announced that it received it from the Bitcoin spot ETF. Fob had bought $6.5 million.
Bitcoin spot ETFs have received over $50 billion in net investments to date. In this sense, the fund that received the most investments was the BlackRock ETF IBIT with 20 million dollars.
