Summary
- The Wisconsin Investment Board has invested $320 million in BlackRock Bitcoin (BTC) ETF.
- This signals a continued increase in institutional investment in Bitcoin.
- Wisconsin's decision is expected to have a positive impact on the Bitcoin ETF market.
According to the virtual asset (cryptocurrency) market insight platform Unfolded's X (formerly Twitter) account on the 14th (local time), the Wisconsin Investment Board, which manages Wisconsin state's retirement system assets, reported investing $320 million in BlackRock iShares Bitcoin (BTC) Exchange-Traded Fund (ETF).
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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