Wisconsin Sells Over $300 Million Worth of BlackRock Bitcoin ETFs
According to ChainCatcher, The Block reports that the Wisconsin Investment Board has fully liquidated its $321 million holdings in BlackRock's spot Bitcoin ETF (IBIT), as revealed in the latest 13F filing.
The document shows that by the end of the fiscal quarter in March, the board no longer held any IBIT shares. The investment board has not completely exited crypto-related investments, as the document indicates it still holds approximately $19 million in exchange stocks. Previously, the institution had liquidated its Grayscale Bitcoin Trust (GBTC). Notably, the BlackRock IBIT fund recently set a record for 20 consecutive days of net inflows, with over $5 billion flowing in.
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