Michigan state pension fund makes $6.6 million bitcoin ETF investment

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Pension Fund News

Bitcoin ETF,Wisconsin Retirement System,State Employees

The State of Michigan Retirement System, which oversees some $143.9 million in pension fund assets for state employees, has invested $6.6 million in the ARK ...

- The State of Michigan Retirement System, which oversees some $143.9 million in pension fund assets for state employees, has invested $6.6 million in the ARK 21Shares Bitcoin ETF, it disclosed in a regulatory filing on Friday.

The quarterly disclosures, known as 13-F filings, are made to the Securities and Exchange Commission around 45 days after the end of each quarter and may not reflect current positions. Separately, the mayor of Jersey City, New Jersey, said on the social media platform X that it plans to make an allocation to the bitcoin ETFs, without providing a timeframe.Dolphins sign QB Tua Tagovailoa to a 4-year, $212M contract extension, according to report

HONG KONG, July 26, 2024 -- Prestige Wealth Inc.

 

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