Loading...
Market
Will another major US city pension fund announce Bitcoin ETF allocation by December 31, 2024?
4
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from the respective city's pension fund or mayor's office
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.
View original story
Similar markets
New York City • 25%
Los Angeles • 25%
Chicago • 25%
Other • 25%
ProShares Bitcoin Strategy ETF (BITO) • 25%
Valkyrie Bitcoin Strategy ETF (BTF) • 25%
VanEck Bitcoin Strategy ETF (XBTF) • 25%
Other • 25%
Yes • 50%
No • 50%
Vanguard • 25%
Fidelity • 25%
State Street • 25%
Other • 25%
