US. Michigan joins Wisconsin pension fund with bitcoin investment
When the Securities and Exchange Commission approved bitcoin exchange-traded funds, one of the questions after the approval was whether institutional investors would now be more comfortable investing in the cryptocurrency using those vehicles. It joins its neighboring swing-state retirement fund in investing in the cryptocurrency. The State of Wisconsin Investment Board previously has shown up in the top shareholder lists for the iShares Bitcoin Trust and the Grayscale Bitcoin Trust . The Jersey City, N.J., pension fund is looking to invest...