latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources

State of Wisconsin Unveils $163,000,000 in BlackRock and Grayscale Bitcoin ETF Holdings

State of Wisconsin Unveils $163,000,000 in BlackRock and Grayscale Bitcoin ETF Holdings
One US state is revealing large holdings in two significant Bitcoin ( BTC ) trusts.
New  13-F Filings  with the U.S. Securities and Exchange Commission (SEC) reveal that The State of Wisconsin Investment Board has BTC exchange-traded fund (ETF) holdings with Blackrock’s iShares Bitcoin Trust (IBIT) and Grayscale’s Bitcoin Trust (GBTC) totaling near $163 million.

IBIT and GBTC are the top two Bitcoin-based ETFs by trading volume.
The State of Wisconsin Investment Board is a state agency managing investments for public retirement and trust funds. It has diversified investments, including cryptocurrency, Coinbase, Marathon Digital, Riot Platforms, Block, Cipher Mining, Cleanspark, Microstrategy and other traditional financial vehicles.
The investment was made before March 15, 2024, which is the deadline for institutional investors to disclose their Q1 holdings.
Says senior Bloomberg ETF analyst  Eric Balchunas  of the recent revelation,
“Wow, a state pension bought IBIT in first quarter. Normally you don’t get these big fish institutions in the 13Fs for a year or so (when the ETF gets more liquidity) but as we’ve seen these are no ordinary launches. Good sign, expect more, as institutions tend to move in herds.”
At time of writing, Bitcoin is trading at $61,301, down 2.5% in the last 24 hours.
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X , Facebook and Telegram

Surf The Daily Hodl Mix


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Andy Chipus/NextMarsMedia
The post State of Wisconsin Unveils $163,000,000 in BlackRock and Grayscale Bitcoin ETF Holdings appeared first on The Daily Hodl . shares this Contents always with License.

Thank you for Share!



Search about Crypto News


The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed simple and intuitive, usable by all Devices, fast and effective.


Today Most Popular News