The State of Wisconsin Investment Board, a state agency responsible for public retirement and trust funds, filed reports showing that it holds $163 million in Bitcoin ETFs. $99 million is held in BlackRock's iShares ETF, with $63 million in the Grayscale Bitcoin Trust. The Board also holds shares of Coinbase, Marathon Digital, Riot Platforms, MicroStrategy, and other crypto-related companies. Analysts expressed surprise at the rapid adoption of Bitcoin by a state pension fund.
Wednesday, May 15, 2024