Bitcoin ETF

Bitcoin

<a href="https://bitcoinworld.co.in/state-of-michigan-unveils-nearly-6600000-investment-in-ark-21shares-bitcoin-etf/" title="State of Michigan Unveils Nearly $6,600,000 Investment in ARK 21Shares Bitcoin ETF" rel="noopener noreferrer nofollow"></a>
<ul>
 <li style="font-weight: 400">New documents reveal that the State of Michigan holds millions of dollars worth of investments in the ARK 21Shares Bitcoin (BTC) exchange-traded fund (ETF).</li>
</ul>
According to a new 13-F filing with the U.S. Securities and Exchange Commission (SEC), the State of Michigan Retirement System has purchased 110,000 shares of ARK 21Shares BTC ETF (ARKB) worth nearly $6.6 million.
<a href="https://x.com/EricBalchunas/status/1816859974795964859" rel="noopener noreferrer nofollow">According</a> to senior Bloomberg ETF analyst Eric Balchunas,
“Just checked and yes, [it] looks like Michigan’s Pension bought up some ARKB (although we have it as $7.4 million) which is small percentage-wise for them but it’s a start, they [are] now [the] third pension to report owning a BTC ETF.”
https://twitter.com/EricBalchunas/status/1816859974795964859
The ARK 21Shares’ BTC ETF is trading for $68.04 at time of writing, a 5.3% increase in the last 24 hours.
According to ETF-focused data analytics platform VettaFi, ARKB currently has $3.241 billion in total assets – the fourth-largest BTC ETF on the market.
The State of Michigan Retirement System is a statewide public pension plan for Michigan state employees, including public school workers. Based on the most recent 13-F filing, the State of Michigan Retirement System oversees $19.42 billion in assets.
In March, SEC documents unveiled that the State of Wisconsin Investment Board is holding $163 million worth of combined shares of BlackRock’s iShares Bitcoin Trust (IBIT) and Grayscale’s Bitcoin Trust (GBTC).&nbsp;
Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

State of Michigan Unveils Nearly $6,600,000 Investment in ARK 21Shares Bitcoin ETF

ItsBitcoinWorld

المزيد من المقالات نُشرت في ٢٩ يوليو ٢٠٢٤

BlackRock warns investors of crypto scams amid ETF boom

Australia’s Big Banks Block Crypto Payments Amid Rising Crypto Popularity

Satoshi-Era Bitcoin Holder Moves Entire BTC Holding, What’s Happening?

Ferrari to Extend Cryptocurrency Payments to Europe by July End

BlackRock Issues Urgent Warning Over Rising Crypto Scams Targeting ETF Investors

Scammers Use Deepfake Elon Musk’s YouTube Video At Bitcoin 2024 Event To Steal Crypto

انضم إلى مجلتنا الإخبارية المجانية لآخر تحديثات مجال العملات المشفرة يوميًا.