PANews reported on August 15 that according to The Block, according to the 13-F document submitted to the U.S. Securities and Exchange Commission, the Wisconsin Investment Committee increased its holdings of 447,651 shares of BlackRock Spot Bitcoin ETF in the second fiscal quarter, and its total holdings reached 2,898,051 shares at the end of the quarter, worth $98.9 million. The committee also sold all of its holdings of Grayscale Bitcoin Trust (GBTC), which were worth $63.7 million last quarter.
Despite the increase in BlackRock iShares Bitcoin Trust shares, the price drop meant that the dollar value of the position actually decreased by $228,227. As a result, the committee's total dollar exposure to spot Bitcoin ETFs was reduced by about 39% by the end of the quarter.
However, the committee also purchased 5,980 shares of Coinbase, bringing its total holdings to 98,446 shares worth nearly $21.9 million, and 77,996 shares of bitcoin miner Marathon Digital, bringing its total holdings to 115,084 shares worth about $2.3 million.
