Michigan’s pension fund invests $6.6 million in Bitcoin ETFs

According to a filing with the United States Securities and Exchange Commission (SEC), the State of Michigan Retirement System now holds 110,000 shares in the ARK 21Shares Bitcoin ETF (ARKB). This makes Michigan the third state pension fund in the U.S. to invest in Bitcoin ETFs, following the lead of Wisconsin and New Jersey. Bloomberg

Source: Cryptopolitan