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Alisa
@web3creator
Michigan adds $6.6m in Bitcoin ETFs to pension fund The State of Michigan Retirement System has invested $6.6 million in ARK 21Shares’ ARKB spot Bitcoin exchange-traded fund. The ETF investment, disclosed in a 13-F form filed with the SEC, represents a small fraction — 0.004% — of the state’s substantial $143.9 billion pension fund. Michigan’s decision reflects a broader trend of institutional adoption of Bitcoin The State of Wisconsin Investment Board recently reported a $99 million Bitcoin investment through BlackRock’s IBIT ETF.
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