Jersey City Pension Eyes Bitcoin ETFs for Crypto Gamers
Exploring the Trend: Pension Funds and Cryptocurrency Investments As the financial landscape undergoes continuous evolution, certain unexpected players are making their mark in the burgeoning world of cryptocurrency Notably, the State of Wisconsin Investment Board, with an impressive portfolio of roughly $156 billion in assets under management, stands out as the most significant pension fund venturing into crypto investments This year, they allocated a hefty $160 million into spot bitcoin ETFs, signaling a bold move towards embracing digital currencies But Wisconsin is not alone in its journey Even smaller funds like the Houston Firefighters' Relief and Retirement Fund, boasting a $5 billion asset management portfolio, have been exploring crypto investments for a few years now...
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