Wisconsin holds $99 million in BlackRock's Bitcoin ETF
The State of Wisconsin Investment Board (SWIB) has disclosed an investment exceeding $99 million in BlackRock's IBIT, a spot Bitcoin ETF, as per their SEC 13F filings at the quarter's end. This acquisition positions SWIB alongside major institutions like UBS, JPMorgan, and Wells Fargo, which have also engaged with crypto ETFs. Despite market fluctuations and notable outflows from other ETFs, IBIT experienced net inflows, highlighting an increasing institutional appetite for Bitcoin-based ETFs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
$117,000 Bitcoin: Just the Beginning of the Bull Run
Bitcoin hits $117,000 and shows no signs of slowing down—experts say this could be just the beginning.Bitcoin Breaks $117,000—And It’s Far from OverWhat’s Fueling the Climb?What’s Next for Bitcoin?
Bullish Divergence for Altcoins Signals Breakout
Bullish divergence spotted across altcoins—technical charts hint at a strong recovery phase ahead.Altcoins Flash Bullish Divergence: Is the Altseason Near?What Is Bullish Divergence?Could This Trigger an Altcoin Rally?
Cardano Eyes Breakout as ADA Targets $1.20
Cardano ($ADA) breaks resistance, setting up for a possible rally toward $0.90–$1.20 amid rising bullish momentum.What’s Fueling the ADA Rally?Can Cardano Reach $1.20?
SHIB Breakout Target Projects 500% Price Surge
SHIB eyes a 500% rally as its breakout target of $0.000081 remains intact following a trendline resistance break.Why $0.000081 is the Breakout TargetRisks and What to Watch Next
Trending news
MoreCrypto prices
More
