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Michigan Pension Fund Invests $6,981,700 in Bitcoin, Becomes Top Five Holder of Ethereum ETFs
Nov 4, 2024, 03:49 PM
The State of Michigan pension fund has made significant investments in cryptocurrency, holding $6,981,700 in Bitcoin ETFs and becoming a top five holder of Ethereum ETFs. Recent SEC filings reveal that the pension fund continues to hold its Bitcoin ETF investments.
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Markets
Yes • 50%
No • 50%
SEC filings or official Michigan Pension Fund reports
No • 50%
Yes • 50%
SEC filings or official Michigan Pension Fund reports
No • 50%
Yes • 50%
SEC filings or official Michigan Pension Fund reports
Increase by more than 50% • 25%
Decrease • 25%
Increase by less than 25% • 25%
Increase by 25-50% • 25%
SEC filings or official Michigan Pension Fund reports
4th place • 25%
Below 5th place • 25%
Top 3 • 25%
5th place • 25%
SEC filings or official Michigan Pension Fund reports
Equal distribution • 25%
Bitcoin • 25%
Ethereum • 25%
Other cryptocurrencies • 25%
SEC filings or official Michigan Pension Fund reports