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What will be the next major investment decision by Jersey City Pension Fund by December 31, 2024?
2
Resolution / Starting Odds
Increase allocation to Bitcoin ETFs • 25%
Invest in other cryptocurrency ETFs • 25%
Invest in traditional assets • 25%
No major investment decision • 25%
Official announcements from Jersey City Mayor's office or Jersey City Pension Fund
Story
Jersey City Pension Fund to Allocate 2% to Bitcoin ETFs
Jul 25, 2024, 07:08 PM
Jersey City Mayor Steven Fulop has announced that the city's pension fund will allocate a portion of its assets to Bitcoin ETFs this summer. This move involves updating paperwork with the SEC and follows a similar allocation by the Wisconsin Pension Fund. The pension fund, which has $145 million in assets as of 2022, will make a 2% allocation to Bitcoin ETFs, amounting to approximately $4.35 million. Mayor Fulop expressed optimism that such allocations will become more common in the future.
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Less than 1% • 25%
1% - 2% • 25%
More than 2% - 3% • 25%
More than 3% • 25%
ProShares Bitcoin Strategy ETF (BITO) • 25%
Valkyrie Bitcoin Strategy ETF (BTF) • 25%
VanEck Bitcoin Strategy ETF (XBTF) • 25%
Other • 25%
Renewable Energy • 25%
Technology • 25%
Healthcare • 25%
Infrastructure • 25%
New York City • 25%
Los Angeles • 25%
Chicago • 25%
Other • 25%
Ethereum • 25%
Bitcoin • 25%
Solana • 25%
Other • 25%
Ethereum • 25%
Bitcoin • 25%
Solana • 25%
Other • 25%
Yes • 50%
No • 50%
Hedge Funds • 25%
Real Estate • 25%
Cryptocurrencies • 25%
Other Alternative Assets • 25%
NYCERS • 25%
TRS • 25%
BERS • 25%
Other/None • 25%