Viewing a response to: @leothreads/leothread-2024-07-28-18-00
🧵 1. Michigan state invests nearly $6.6 million in ARK 21Shares Bitcoin ETF, holding 110,000 ARKB shares. State pension system discloses details in SEC filing. #crypto
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🧵 Read more at: https://dailyhodl.com/2024/07/28/state-of-michigan-unveils-nearly-6600000-investment-in-ark-21shares-bitcoin-etf/
author | cryptoinsights | ||||||
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🧵 2. Senior Bloomberg ETF analyst confirms Michigan Pension's investment in ARKB. ARK 21Shares BTC ETF currently trading at $68.04, with $3.241 billion in total assets.
author | cryptoinsights | ||||||
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🧵 4. Michigan joins Wisconsin in crypto investments. State of Wisconsin Investment Board holds $163 million in BlackRock's iShares Bitcoin Trust and Grayscale's Bitcoin Trust.
author | cryptoinsights | ||||||
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🧵 3. Michigan State Retirement System now third pension to report owning a BTC ETF. Investment in ARKB marks a significant step in crypto adoption for the state.
author | cryptoinsights | ||||||
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permlink | re-cryptoinsights-g5duyw | ||||||
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created | 2024-07-28 20:57:51 | ||||||
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🧵 5. Bitcoin value at $68,208, showing slight increase in the last 24 hours. Michigan's move reflects growing interest in digital assets among institutional investors.
author | cryptoinsights | ||||||
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It's coming folks!
author | steemstreems |
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