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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
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HOT DEVELOPMENT: The State of Wisconsin Reported to the SEC That It Sold All Bitcoin Positions! What is Happening?
The State of Wisconsin Investment Board (State of Wisconsin Investment Board) has terminated all of its investments in the iShares Bitcoin Trust ETF in the first quarter of 2025. This development emerged with the quarterly notification made to the Securities and Exchange Commission (SEC).
The state pension fund had become one of the first institutional investors to invest in spot Bitcoin ETFs launched in the first quarter of 2024. According to the fourth quarter 13-F reports published at the end of 2024, the fund had a stake of $321.5 million in the iShares Bitcoin Trust ETF.
The fund officials have not yet made a statement to the press regarding the issue.
However, today, Bitcoin spot ETFs saw a total net inflow of 320 million dollars, and there were no net outflows among the twelve ETFs. Ethereum spot ETFs recorded a total net inflow of 63.47 million dollars, and all nine ETFs reported no outflows.