{"id":135620,"date":"2024-08-15T14:30:48","date_gmt":"2024-08-15T11:30:48","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=135620"},"modified":"2024-08-15T14:23:37","modified_gmt":"2024-08-15T11:23:37","slug":"u-s-state-boosts-bitcoin-exposure-with-major-etf-investment","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/u-s-state-boosts-bitcoin-exposure-with-major-etf-investment\/","title":{"rendered":"U.S. State Boosts Bitcoin Exposure with Major ETF Investment"},"content":{"rendered":"
This marks a notable rise<\/a><\/strong> from the 2.5 million shares previously reported at the end of March, while the board has sold off its 1 million shares of Grayscale\u2019s GBTC.<\/p>\n SWIB, tasked with managing Wisconsin\u2019s state funds, has been expanding its exposure to digital assets. This trend aligns with broader state-level interest in Bitcoin<\/a><\/strong> investments.<\/p>\n For example, the State of Michigan Retirement System recently acquired 110,000 shares in the ARK 21Shares Bitcoin ETF (ARKB), valued at approximately $6.6 million.<\/p>\n