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The Wisconsin pension plan may increase its investment in spot bitcoin ETFs

According to David Krause, a finance professor at Marquette University in the United States, the Wisconsin State Board of Investment (SWIB) purchased $164 million worth of BlackRock's iShares Bitcoin Trust and Grayscale's Bitcoin Trust shares in Quarter 1. This investment may be just the beginning, and SWIB is expected to further increase its investment, and other pension plans may follow suit. SWIB has about $156 billion of assets under management at the end of 2023, with Bitcoin ETFs accountin...

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2024-06-03 19:00:19
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