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Michigan Pension Backs Crypto, Allocates $6.6M to BTC ETFs
Exploring Institutional bitcoin Investment: The Michigan Pension Fund Leap In an audacious move highlighting the increasing confidence among institutional investors in cryptocurrencies, the State of Michigan Retirement System has allocated a significant $6.6 million into the vibrant world of bitcoin exchange-traded funds (ETFs). This strategic decision, specifically targeting the ARK 21Shares bitcoin ETF, signals a…
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Michigan Retirement Fund Buys Into ARK 21Shares Bitcoin ETF
Michigan Makes a Bold Move into Cryptocurrency with Significant Investment The financial landscape is constantly evolving, and it seems like Michigan has decided not to just watch from the sidelines. In what can be described as a pioneering step, the State of Michigan Retirement System has embarked on a noteworthy journey into the domain of…